TFG heard from Robert Meters on the significant role of trade credit insurance in the current economic crisis the global trade is facing.
TFG heard from Dr. Özge TOSUN, legal counsel at Export Credit Bank of TURKEY (Turk Eximbank) on the various surety bond dilemmas in Turkish insurance including the impracticality of expecting Turkish law to govern all overseas contracts.
Under the Export Development Guarantee (EDG), UKEF can provide partial guarantees covering up to 80 per cent of the risk to lenders for a maximum repayment period of up to five years.
Figures from the Department for International Trade published today (10 July), show the UK attracted 1,852 new inward investment projects in 2019/2020 financial year, representing a 4% increase on the… read more →
As lockdowns became the norm around the globe, governments have had to step in to support their economies due to the substantial downturn in economic activity – breaking stimulus records in the process.
Washington, D.C., July 23, 2018 – IFC, a member of the World Bank Group, and Citi announced today the signing of a $1.2 billion risk-sharing facility to help stimulate the growth… read more →
By leveraging technology for insights, a banker can make well-informed decisions, in compliance with audit and ethics, which are in the best interest of the bank.
The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. The twin supply-demand shock has resulted in the halting of production (at least partially) in many… read more →
How are the rights and obligations of the parties to a credit affected on account of missed deadlines caused by these force majeure events?
(Jeddah, KSA, 1st June 2020) – The International Islamic Trade Finance Corporation (ITFC), has signed an agreement to support the provision of a food relief program for the most vulnerable people in… read more →