Letters of credit are the oldest and most common type of short term trade finance, famously described as the “lifeblood of international commerce,” with some commentators suggesting their use stretches back to 3000 BC. What makes them so successful?
AI, internet of things, robotics – what do they mean for trade finance, particularly in the efforts to combat trade-based money laundering?
Our Editor, Deepesh Patel, sat down with Meera Saunders, Underwriter within the Trade Finance team at AIG to discuss the complexities of AIG’s new instrument: a trade credit bridge.
In a world of shrinking supply chains and digital connectivity, the concept of identity is continuously evolving. Is digital identity going to be the panacea to the age-old problem of MSME access to trade finance?
Trade finance as an asset class has benefitted from developments in loan and debt capital markets, which have led the way in sustainable product development.
Your morning coffee briefing from TFG. Inflation concerns intensify as cost of energy soars, Boris Johnson reluctant to issue more visas to foreign workers, accelerated energy transition dependent on financial markets, CEOs and world leaders call on governments to reform trade and ADB supports Sanoat Qurilish Bank’s fast-growing base of SMEs with $16.6m credit agreement.
Divides and discrimination within countries along the lines of race, ethnicity, gender and Indigenous identity have resulted in longstanding social, economic and political challenges.
The Asian Development Bank (ADB) and Sanoat Qurilish Bank (SQB) signed a revolving credit facility agreement. The funding which comprises a $20 million loan from ADB and $15 million from… read more →
The digital transformation of the banking operations of guarantees and documentary credits to shift from the paper-based and labour-intensive models to a digital trade ecosystem.
TFG, LIBF, FCI and EBRD, are pleased to announce the bronze and runner-up articles from this year’s cohort of the International Trade Professionals Programme/