The world’s SMEs need £24.7 trillion worth of financing to close the trade finance gap, with UK SMEs needing an estimated £580 billion, the chief economist of the trade credit… read more →

IFC, a member of the World Bank Group, and BNP Paribas (BNPP), today announced a landmark Synthetic Significant Risk Transfer (Synthetic SRT) transaction. This Synthetic SRT will allow BNPP to… read more →

Your Monday morning coffee briefing from TFG, 27 February 2023

Allianz Trade, a provider of trade credit insurance, is set to acquire an additional 50% stake in Cosec, the Portuguese export credit agency (ECA), from Banco BPI, Portugal’s fourth largest… read more →

As more companies look for ways to expand into new markets, surety bonds provide a valuable safeguard and financial advantage.

The European Bank for Reconstruction and Development (EBRD) and the Multilateral Investment Guarantee Agency (MIGA) have signed a landmark first co-financing agreement, under which MIGA will issue up to $200… read more →

Finastra, a global financial services provider, has partnered with Integro Technologies to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution. Integro Technologies is a subsidiary of… read more →

The ICC United Kingdom has announced a new initiative to strengthen the UK finance industry against the impacts of duplicate financing fraud.  The Centre for Digital Trade and Innovation (C4DTI)-led… read more →

As 2023 unfolds, shippers are experiencing signs of relief from the supply chain upheaval over the past few years. U.S. container imports in December continued to close in on 2019 volumes, port delays continued to improve, the maritime capacity crunch has eased, and ocean shipping rates have approached pre-pandemic levels. 

I remember reading a quote which has stuck in my mind ever since – “Sharing among an entire ecosystem of innovative partners is a crucial step for modernisation.”