Michael Bickers, MD, BCR Publishing walked us through the trends in supply chain and receivables finance in 2019, arguably one of the most uncertain in the last decade. In an interview with TFG, Bickers gave his view on what’s in stock for SCF and receivables in the year ahead, commenting on APIs, blockchain and competitive growth in supply chain finance, in preparation for the BCR Supply Chain Finance Summit in Amsterdam this month.
Events such as Brexit, the US-China trade war, political unrest between China and Hong Kong dominated the headlines in 2019, have all had significant implications on global trade. However, it has not all been bad news – with increased levels of cooperation and technological innovation, the outlook for trade/finance moving into 2020 could be promising.
Trade Finance Global, in partnership with Finastra, sat down with 6 global experts in trade to get a low down of 2019, the key themes and trends, as well as what’s been at the front of mind for practitioners in trade, receivables and supply chain finance.
Trade Finance Global spoke to Wenhui LIANG at the WTO Global Trade and Blockchain Forum, on the nature of the current state of the global trading and blockchain adoption in global trading.
The macroeconomic indicators used to analyse China’s economy over the past few years include economic growth and trade, monetary and fiscal policy and inflation trends.
What is the impact of the new Basel IV regulation for banks and corporates? TFG heard from Swiss Re’s Global Head of Trade and Infrastructure Finance on the current state of Basel regulation as well as the latest updates following on from the latest EBA Consultation Paper. The interview was held at ExCred Commodities London.
With the development of more interconnected alternative finance options for businesses and the emergence of open banking in the marketplace, the option of Peer-to-Peer (P2P) lending is seeing a great increase in popularity over the years among its SME audience.
Despite what economists, central bankers, and politicians may tell you, the evolution of the world economy is not a graceful one. Rarely does it feel cooperative, since getting a good look at how a single element impacts the whole can seem downright impossible. However, the past few days have shined a light on how trade helps shape the global economic landscape, make waves across markets, and set the tone for the future.
The Chinese President Xi Jinping and Filipino President Rodrigo Duterte have met a record number of eight times over the past three years. The subject of the South China Sea has been an increasingly tense regional topic of the past decade.
According to the 2019 Global Housing Affordability Survey, Hong Kong is the most expensive city to live in. In 2018, the housing price to income ration in Hong Kong is 20.9, resulting in that the living space per capita in Hong Kong is approximately 12㎡.
TFG heard the latest in structured trade & receivables finance from a global transaction banking perspective. We asked Saqib Mustafa from Santander’s GTB team to give us an overview on how credit insurance is being used as a risk mitigation and capital efficiency tool for producers and traders, as well as the latest commodity finance trends from the bank.
TFG heard the latest updates in trade credit insurance and political risk appetite from the Berne Union. The Berne Union represents the export credit (ECA) and investment insurance industry. Vinco David, Secretary General spoke to TFG’s Deepesh Patel at ExCred Commodities London.
Over the past few weeks, trade spats have shaken global markets. Worldwide, trade conflicts are being borne of political rather than economic woes — is this the new normal?
Specialist intelligence company EXX Africa’s director Robert Besseling assesses that African governments are increasingly integrating infrastructure investment options into a more competitive landscape that seeks to bridge the massive annual financing gap. However, accomplishing sustained economic growth, meeting revenue collection targets, and achieving positive indicators will be required to balance growing debt levels and record fiscal expansionism.
Despite today’s climate of rising trade tariffs and falling trade volumes, UniCredit’s Global Head of Global Transaction Banking, Luca Corsini, claims we have reason to remain optimistic for trade finance revenues in the coming months, pointing to the rising need for security in trade transactions, the rise of digital platforms to simplify and expand service provision, and continued infrastructure development stemming from Asia
