As uncertainty remains in global supply chains and trade finance, the International Trade and Forfaiting Association’s (ITFA) Lynn Galkoski, Director, Trade Product & Portfolio Management with BNY Mellon Treasury Services shares her insights on trends that may arise this year.
Having a sustainable approach to supply chain and logistics is proven to have numerous long-term benefits for businesses. Relying on efficient and eco-friendly transportation methods can reduce costs associated with fuel consumption, maintenance fees, and other expenses related to traditional delivery methods.
Trafigura Group Pte Ltd. (“Trafigura”), announced the closing of its new 365-day European multi-currency syndicated revolving credit facilities (the “365-day ERCF”) totalling $1.9 billion, as well as the extension and… read more →
To better understand the larger picture of ‘Embracing Equity’, TFG’s Brian Canup spoke to Natalia Clements, senior trade finance specialist at Swiss Re Corporate Solutions, who shared her experiences as a woman in the insurance industry, the challenges she has faced, and the importance of embracing equity in the workplace.
TFG interviewed ITFA and ADB about the financing of dirty commodities and fossil fuels, and what a sustainable transition means for trade finance.
Asian Development Bank (ADB) President Masatsugu Asakawa and India Prime Minister Narendra Modi met today to discuss the country’s development priorities. Mr. Asakawa conveyed ADB’s intention to provide $20 billion–$25… read more →
While consensus and recognised standards exist for carbon footprint measurement and reporting, carbon offsetting and the quality of underlying projects are still subject to debate.
Today the Digital Container Shipping Association (DCSA) announced a commitment for its members to transition from paper bills of lading to electronic bills of lading by 2030. The switch is… read more →
The fifth UN Global Survey on Digital and Sustainable Trade Facilitation 2023 has been launched by the five United Nations Regional Commissions and the United Nations Conference on Trade and… read more →
To learn more about sustainability approaches within the industry, Trade Finance Global spoke to Eva Rubio, head of global transaction banking at BBVA at BAFT’s Europe Bank to Bank forum held in London this January.
In 2015, the UN General Assembly formally established the 17 UN Sustainable Development Goals (SDGs) to be addressed by 2030 and that same year, 195 countries committed to keep global… read more →