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
All global industries require standards. Remember what a huge step forward it was when the carrier industry agreed on the design for a shipping container. The same is true for electronic trade documents and their supporting systems.
TFG heard from Accenture’s Cecile Andre Leruste, on the major digitisation initiatives within the commodiy finance space. Commodity finance is in a phase of major transition, driven by multiple megatrends
In today’s geopolitical climate many foreign policy makers use sanctions or similar, steps such as the refusals to grant authorisations, to place economic pressure on governments, organisations and individuals.
TFG spoke to the leading trade, banking, forfaiting, factoring and open account industry bodies to get an update on the key projects, initiatives and milestones from 2019.
How can the UK ‘green’ its finance system? Meeting the Paris Agreement’s targets on greenhouse gas emissions is no easy feat. TFG spoke to Sir Roger Gifford, Chair of the UK Green Finance Institute, on how we can integrate climate science data and risk analysis into financial decision making to get sustainability at the forefront of the agenda for governments, banks and companies.
The next generation of technology-led financial services innovators are disrupting the industry in a big way, and TFG’s Deepesh Patel caught up with Natalie Ceeney CBE, Chair of Innovate Finance, at WCBI.
Today TFG record live from the ITFA Annual Meeting in Budapest. The conference covered developments within areas of supply chain finance, credit risk insurance and ever more creative risk distribution techniques, as well as the rise of fintech within the trade and open account environment.
Today we’re reminding our listeners that incoterms rules are changing at the start of 2020. With the updates and specific changes to be announced very shortly by the International Chamber of Commerce. We are delighted to be joined by a world-renowned exporting expert, Mr Robert Ronai.
Islamic finance is a specialist area that presents exciting growth opportunities for the UK. Sharia (Islamic law) compliant banking assets make up 6% of the world’s banking assets, but globally, approximately one in four people are Muslim. The scope for growth is obvious.
It’s TFG’s first ever Podcast Takeover, and we welcomed Michael Bickers, Editorial Director of BCR Publishing, who Trade Finance Global have partnered with for the BCR Supply Chain Finance Summit APAC on the 15th and 16th of October in Singapore.
TFG heard from David Morrish and Charles Woodgate from the London Institute of Banking and Finance, ahead of their annual conference, the World Conference for Banking Institutes (WCBI). Given times of unprecedented change within global trade, we discuss what this means for trade related education, as well as the current diversity and gender challenges within trade.
Credit Insurance is an important risk mitigant in international trade. But what actually is credit insurance, how can it be used to facilitate trade finance as a risk mitigant, and what are the key watch-outs a corporate or bank should consider when using credit insurance? We talked to two credit insurance experts about security, policy wording, obligations and what happens when things go wrong.
We spoke to the winner of the Queen’s Award for Enterprise & International Trade, Imran Arshad, founder of Eventuri, in a podcast series for Trade Finance Talks. The UK exports vehicles and vehicle companions to more than 160 countries worldwide, that’s 81.5% of all vehicles produced in the UK.
Guidelines to International Factoring Companies engaged in international trade, regardless of their size and industry; often face a demand from the importers for longer payment terms. This means, getting the… read more →