Countries

The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event

For Africa, the trade finance gap has been estimated at USD 110-120 billion. TFG spoke to Afreximbank on the challenges/ opps that lie ahead.

Russia faces continued turbulence and unrest, yet being the largest country in the world by territory, holding the 4th largest FX reserves in the world, we wanted to get under the skin of what running a trade finance business is like in Russia.

With Vision 2030, Saudi Arabia has embarked on the boldest model of economic and social reform anywhere in the world. TFG spoke to SABB about this transformation in raising the Kingdom’s non-oil trade from 16% to 50% of GDP.

Africa is home to 1.3 billion people spread across 54 countries, 20 of which have economies set to expand by an average of 5% or higher over the next five years. We spoke to BACB’s CEO about export opportunities in Africa.

TFG spoke to British Argentine Chamber of Commerce’s, Susana Ecclestone about Argentina’s trade opportunities.

2019 has been a fairly promising year of growth for some emerging and developing markets, but with continued regulatory scrutiny, correspondent banking relationships continuing to be a cut, and a sluggish growth forecast for 2020, what does this mean for trade in EDE’s?

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.

American consumers are currently sitting on a fairly huge nest egg. Equity is at a higher level than ever before, and the personal saving rate has risen to a considerable 7.9% according to NASDAQ figures.

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.

TFG spoke to Stephen Renna, Chief Banking Officer at US Exim Bank at TXF CPRI in London, about the core priorities and focus for the bank in order to facilitate US exports, now that is has a wider remit to promote US SMEs.

TFG hear Frederic Bourgeois , Managing Director for CoFace for UK and Ireland, about the importance of specific insurance policies for the securitisation of trade receivables. He spoke about the trends and changes in the insurance of trade receivables.

Trade Finance Global caught up with Head of Macroeconomic Research, Ana Boata at Euler Hermes last month at The Institute of Export & International Trade’s World Trade Summit. A very interesting macroeconomic view on how households, retail and economic growth has changed in 2019 due to trade wars, Brexit and business uncertainty.