The Local Currency System – SML – resurfaces as an alternative to recover trade flows not only in the Mercosur but also in other regions of the world which can implement it.
With this global pandemic, it is recommended to encourage the use of guarantees and counter-guarantee subject to URDG 758 as it provides a balance between the interests of all the parties involved.
Considering the stakes involved in managing the AML/KYC compliances are high, banks/ FI should carefully assess the options available with them and look holistically to mitigate the risk.
SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.
By leveraging technology for insights, a banker can make well-informed decisions, in compliance with audit and ethics, which are in the best interest of the bank.
TFG heard from BACB’s Jeff Fallon, arguing that deeper Africa-Europe integration will be challenging in the new environment – here’s why.
TFG caught up with IFC’s SME Finance Forum CEO, Matt Gamser on MSME’s importance in real-world economic growth, job creation, and innovation.
Correspondent Banking should in the future reinvent itself to accompany to be an ideal companion to technical assistance and be a key milestone potential ahead for the Africa market.
Global Credit Data releases extensive analytics on loss given default, including the first complete account of losses from the 2008 financial crisis
Trade digitization and electronic documents will be the new-norm as a result of the COVID19 pandemic which will accelerate the transformation process.
From the African Continental Free Trade Area Agreement to MANSA, TFG heard from Afreximbank on how they are addressing the challenges around African trade
The utopia of a truly paperless trade finance industry will eventually happen, however one simple question remains: when?
Documentary credit may be one of the most convenient payment method available to buyers and sellers, but one should know its limitation to avoid issues and penalties.
TFG heard from Tanya and Stephen of Czarnikow discussing the impact of Covid19 on sugar supply chains considering different perspectives.
Hin Leong Trading’s, founded by Singaporean oil tycoon Oon Kuin, collapse sends shockwaves through industry leading businesses to significantly embrace digital transformation.