2022 was a year of seismic and rapid changes for international trade and trade finance. War in Europe, COVID-19, and inflation created unimaginable disruptions in the industry. This dynamic phase is creating opportunities and gives way for new entrants in the ecosystem.
To support export and import-based businesses to cope with global uncertainties brought on by the COVID-19 pandemic, IFC is providing $50 million to Prime Bank Limited in Bangladesh. This IFC… read more →
Your Monday morning coffee briefing from TFG, 13 February 2023
Sumitomo Mitsui Banking (SMBC) will phase out corporate and project finance exposure to coal mining by 2040, but does not have a concrete timeline for reducing support to trade finance,… read more →
To learn more about sustainability approaches within the industry, Trade Finance Global spoke to Eva Rubio, head of global transaction banking at BBVA at BAFT’s Europe Bank to Bank forum held in London this January.
The digital economy has seen tremendous growth over the past decade for several reasons. This has given rise to a large number of digital assets that are commonly used as part of transactions in digital environments and beyond.
The ICC United Kingdom has announced a new initiative to strengthen the UK finance industry against the impacts of duplicate financing fraud. The Centre for Digital Trade and Innovation (C4DTI)-led… read more →
To learn more about trade digitisation, Trade Finance Global (TFG) spoke with Oswald Kuyler, global head of strategy at MonetaGo.
Your Monday morning coffee briefing from TFG: RELEASED – Trade Finance Talks – Sailing into 2023: Navigating the new year To agriculture and beyond: a look at how IoT technology… read more →
World food prices fell in January for a 10th consecutive month and are now down nearly 18% from a record high last March following Russia’s invasion of Ukraine, according to… read more →