After COVID-19, the commodity trade finance industry experienced a period of great recovery. Trade finance covers a broad range of financing arrangements for the production, exporting and selling of commodities.
Following the latest Q3 2022 edition of its quarterly letter of credit (LC) statistics for US banks, Documentary Credit World (DCW) has released its analysis of LC issuance from banks in the country.
Trade Finance Global (TFG) spoke to president and CEO of BAFT at Sibos 2022 about the role that banking organisations can play in developing environment, social, governance (ESG) and sustainability best practices within global trade.
The central theme at this year’s Sibos conference in Amsterdam, the blue-chip gathering of the world’s top executives in banking and finance organised by SWIFT, focuses on how to best embrace digital transformation while mitigating risk and elevating sustainability.
In a world where roughly 15% of trade is protected by insurance, eyes are often on the trade credit insurance stage.
The credit political risk insurance (CPRI) industry helps lenders and corporates with lending capacity and regulatory capital risk. Credit insurance underpins global trade and finance, managing both concentration risk and country limits.
Cooperation between credit insurers, export credit agencies and governments prove how far we have come since 2008.
Report: After Covid-19 disruption, hedging supply chain risks is a top priority; less than 15% of companies consider reshoring production
Covid-19 lockdowns have disrupted global supply chains across the board and placed the concepts of reshoring and resilience on every policymaker’s lips. A new report from Euler Hermes examines how the pandemic could push manufacturers to rethink their supply chain strategies.