$1.4 trillion dollars. Enough money to make anyone pause. That’s the current worth of the global pharmaceutical industry. The COVID-19 pandemic had far-reaching negative ramifications, but it was also a time of notable growth for the pharmaceutical sector.
Accenture released a report on findings from an online survey conducted to determine challenges banks are facing, both in retaining trade finance partners, as well as thwarting competition from fintechs.
Trade Finance Global (TFG) spoke to president and CEO of BAFT at Sibos 2022 about the role that banking organisations can play in developing environment, social, governance (ESG) and sustainability best practices within global trade.
Gunvor USA LLC, a subsidiary of Gunvor Group Ltd, has successfully closed the syndication of its $1.45 billion uncommitted borrowing base credit facility. The facility includes a $1.16 billion one-year… read more →
Incoterms® are the international terms which determine business-to-business practice in the transport and delivery of goods published by the International Chamber of Commerce (ICC). They set out the important fundamentals of the Incoterms® rules, and the contracts surrounding a typical contract of sale for export/import.
The International Chamber of Commerce (ICC) releases standards for sustainable trade, providing a framework that assesses the environmental sustainability of transactions.
With the trade ecosystem increasingly shifting towards technological advancements, and a market saturated with options in which to digitise trade processes, it can be difficult to cut through the noise.
To catch up on the latest around trade finance digitisation, Trade Finance Global (TFG) spoke with Michael Vrontamitis, lead industry principal for Finastra’s lending business unit.
Businesses up and down the country are struggling right now with the substantial increase in energy prices and the rise in material costs. Running a business is more expensive than… read more →
UK Export Finance (UKEF) announced on Finance Day at COP27, November 8, that it will become the first export credit agency (ECA) to offer Climate Resilient Debt Clauses (CRDC) in… read more →
