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.
In the largest banking collapse since the 2008 financial crisis, US regulators were forced on Friday to take over control of Silicon Valley Bank (SVB) – a prominent lender to tech start-ups, providing financing for almost half of US venture-backed technology and healthcare companies.
As more companies look for ways to expand into new markets, surety bonds provide a valuable safeguard and financial advantage.
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.”
Taking a step in this direction, the UK legislature has enacted legislation to prevent economic crime. To learn more about this essential piece of legislation in the financial and economic world, Trade Finance Global (TFG) spoke with Susan Hawley, executive director of Spotlight on Corruption.
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) are delighted to have had the opportunity to speak with Liliana Fratini Passi, Managing Director, CBI, for further insight into the situation.
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.
At Sibos 2022 held in Amsterdam, Trade Finance Global (TFG) discussed the potential complexities and obstacles for the Italian banking sector with CBI Chief Commercial Officer, Pilar Fragalà, and how CBI manages these by helping banks to overcome them.
To help combat fraud and provide advice to banks, trade associations, governments, and regulators, the International Chamber of Commerce (ICC) UK, Centre for Digital Trade and Innovation, and MonetaGo have released their latest whitepaper: Shutting fraudsters out of trade.
ICC Trade Register confirms that for larger banks, credit risk in trade, supply chain, and export finance fall back to pre-pandemic levels.
In late September the pound fell spectacularly from above $1.12 to a new record low of $1.035 versus the US dollar.
It’s true that the dollar had been appreciating for many months, and the pound was one of the most undervalued currencies of the year, but this was news making headlines and front pages around the world, and it was exclusively a domestic problem.
To learn more about the current credit insurance landscape and insurance provider Swiss Re’s expansion into the North American market, Trade Finance Global (TFG) sat down with Basil Louvaris, Trade Finance North America Geographic Lead at Swiss Re Corporate Solutions, the primary insurance arm of Swiss Re.