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Singapore has ratified the Regional Comprehensive Economic Partnership (RCEP) trade agreement, with plans to implement the accord on the 1st January 2022.
After Covid-19 crippled global commerce, the World Trade Organization said March 31 that it expected the planet’s merchandise trade to increase 8% in 2021 after contracting 5.3% in 2020.
Banks can play a frontline role in closing the sustainable trade finance gap and supporting a green recovery post-COVID-19 by embedding ESG checks, fostering collaboration and inclusion, and mainstreaming digital solutions.
Factoring, as an important method to extend credit, is a type of financial transaction where the creditor assigns its receivables to an assignee at a discount. In recent years, there has been a large growth of factoring transactions around the world.
Paris, February 9, 2021 – In its County & Sector Risk Handbook, Coface, a leader in credit insurance has predicted an uneven recovery across countries, sectors of activity, and income… read more →
Deutsche Bank sees global trade finance volumes rebounding by more than 7 percent in 2021. Deutsche Bank’s Head of Trade Finance and Lending, forecasts that trade finance will be one… read more →
Deutsche Bank draws up the world’s first ESG FX derivative framework agreement for Primetals Technologies
− Initial term of the framework agreement is four years− Transaction complies with the terms of Deutsche Bank’s new SustainableFinance Framework− Sustainability criteria devised and monitored by independent consultants Deutsche… read more →