The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
Teaching businesses to unlock working capital and grow their operations through factoring education programmes (FCI)
EUF plays an important role for our industry today more than ever and confirming FCI’s support regarding the lobbying of the new definition of default with the EBA.
TFG heard from Robert Meters on the significant role of trade credit insurance in the current economic crisis the global trade is facing.
With factoring and receivables finance volumes continuing to show modest growth around the world, TFG caught up with FCI’s Secretary General, Peter Mulroy, in an association update for the latest issue of Trade Finance Talks.
WOA took the initiative to survey members, partners and industry leaders in June 2020 about how the virus has affected performance of factoring and commercial finance firms globally.
The FCI Annual Review is a globally recognised publication in the world of Factoring and Receivables Finance.
SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.
By eliminating unnecessary paperwork, Port Community Systems contribute to sustainable transport logistics and support the ambition of meeting global carbon reduction requirements.
We heard from Steven Beck, Head of Trade Finance at the Asian Development Bank, giving his musings on 2019, a year of uncertainty in trade, and what 2020 might bring for trade and supply chain in Asia.
Shop Talk: TFG sat down with Peter Mulroy, Secretary General of FCI, to discuss his views, from an FCI perspective on the factoring and SCF industry in 2019, as well as his thoughts for what could be in stock for 2020. Hold on tight!
TFG are delighted to be Media Partners of the TXF Political Risk & Insurance conference in London on the 4th December, and to ensure you’re up to speed with this ever-changing environment, we caught up with leading experts in CPRI ahead of the conference.
Data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in the first half 2019 factoring and commercial finance volumes in the EU grew by 9.3% from 2018 to €896 Billion.
Looking at the bigger picture of international trade flows and supply chains is crucial when looking at helping businesses access finance. We heard from Tony Brown at the Annual WOA Convention, discussing the world of open account pre- invoice, including purchase orders, transportation, distribution and pre-shipment finance.
The EBRD’s Trade Facilitation Programme (TFP) was developed to promote and facilitate international trade to, from and within economies where the EBRD invests. Under the TFP, guarantees are provided to international commercial banks (confirming banks), thereby covering the political and commercial payment risk of transactions undertaken by issuing banks. Since the TFP programme was initiated in 1999 the EBRD has financed more than 24,000 transactions for a total of more than €19 billion.