Swieqi, Malta & Ann Arbor, USA – 24 October 2019: essDOCS, the leading enabler of paperless trade, today announced its partnership with FreightRoll, a provider of inventory custody transfer and… read more →
The Institute of Export and International Trade is pleased to announce the appointment of Marco Forgione as its new Director-General. Mr Forgione, currently the Director-General of the British Antique Dealers’… read more →
New financial products, regulatory improvements and more responsive economic policies have enhanced the performance of countries in the Absa Africa Financial Markets Index 2019, produced by OMFIF. Now in its third year, the index evaluates financial market development in 20 countries across the continent.
We interviewed Geoff Brady, Head of Global Trade & Supply Chain Finance (GTS) at Bank of America Merrill Lynch. We talked about the physical and financial aspects of the supply chain management, about the importance of Blockchain Consortia in the trade finance space and the BAML’s agenda for the rest of the year.
TOKYO. October 18, 2019 — Sumitomo Mitsui Banking Corporation (“SMBC”, President and CEO: Makoto Takashima) and Mitsui & Co., Ltd. (“Mitsui & Co.”, President and Chief Executive Officer: Tatsuo Yasunaga)… read more →
NEW YORK CITY – Businesses large and small have a common challenge: choosing the best, most efficient payment channels for hundreds or thousands of recipients. Deciding between card, wire, automated… read more →
Going Global Live in association with the Department for International Trade (DIT) is the number one show in Europe for businesses that are looking to expand internationally, export products or set up overseas operations.
ICC invites business leaders and government officials to join the discussion around the future of UK international engagement and the role of the private sector in shaping the global trading environment, in particular with the emerging markets, at its upcoming event – Going Global – which will take place at the Guildhall on 21st October 2019.
Geneva based blockchain software provider komgo SA has announced that it has taken a number of steps towards achieving its mission of catalyzing the world’s commodity trade network, with almost a billion USD of financing channeled by members of the network.
Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network. For Marco Polo, it is the first Russian-German import-export operations financing project.
(Maldives, October 9th, 2019): The International Islamic Trade Finance Corporation (ITFC), has signed a major US$1.5 billion framework agreement with the Republic of Maldives. The five-year framework agreement, signed by… read more →
Following the financial crisis, the International Accounting Standards Board (IASB) recognised the need for a forward-looking approach to account for credit losses. Previously, the IAS 39 accounting standard for assessing provisions was based on an incurred loss model. This approach has been criticised as “too little, too late” as it was perceived as delaying the recognition of potential turbulences while favouring forbearance.
London, 1st October 2019. Trade Finance Global (TFG) are delighted to announce the launch of Trade Finance Talks TV.
TAS S.p.A. (“TAS”) has announced that its agreement with Anglo-Gulf Trade Bank (“AGTB”), a digital corporate trade bank for international clients based in Abu Dhabi, is now operational. The contract is being managed through its subsidiary TAS Helvetia S.A.
Daimler and Dürr execute a commercial trade transaction with LBBW via blockchain technology platform Corda. The international trade finance network Marco Polo has demonstrated its capability for practical use with… read more →