The Basel regulations have been continuously refined and updated to address new risks and challenges in the global banking sector, with the overall aim of promoting financial stability and preventing future crises.
Category: Credit Insurance
EU Federation & FCI join forces to promote the factoring and commercial finance industry in Europe
The 8th EU Federation (EUF) & FCI EU Factoring Summit will take place on 20-21 April 2023 in Cologne, Germany. FCI and EUF represent over 98% of all European market players. This eighth Summit is a unique opportunity for industry leaders to network and address topics that really matter to the factoring industry. The programme… Continue reading EU Federation & FCI join forces to promote the factoring and commercial finance industry in Europe
Allianz Trade partners with Bueno.money to offer B2B e-commerce
Allianz Trade in Asia Pacific announced its venture into the rapidly growing B2B e-commerce space and has secured the first partnership with Singapore-based B2B Buy-Now-Pay-Later (BNPL) company Bueno.money. Through the credit insurer’s credit solution e-commerce credit insurance, Bueno.money is able to offer deferred payment solutions to e-merchants in real-time with credit risks protected. The global… Continue reading Allianz Trade partners with Bueno.money to offer B2B e-commerce
VIDEO | Bpifrance – French export market overview, an exclusive interview with the French ECA
At Excred International, Trade Finance Global’s (TFG) Deepesh Patel sat down with Maëlia Dufour, director international relations, business development, rating, environment and climate at Bpifrance and president of the Berne Union, to learn more about the intricacies of the trade credit industry.
CPRI market remains resilient with record capacity amidst global economic and political uncertainty
Against the backdrop of wide-reaching global political and economic uncertainty, the credit and political risk insurance market (CPRI) has access to more capacity than ever before, with notional maximum capacity increasing across the board, demonstrating the resilience and depth of the CPRI market. This is according to the Credit and Political Risk Insurance Capacity Survey… Continue reading CPRI market remains resilient with record capacity amidst global economic and political uncertainty
Allianz Trade gives keynote speech on the trade finance gap
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 insurance Allianz Trade warned. Ludovic Subran addressed the issues around the global trade finance gap and how trade credit insurance can support businesses through uncertain… Continue reading Allianz Trade gives keynote speech on the trade finance gap
PODCAST | Trade and receivables finance, in football terms
With an estimated 3.5 billion fans around the world, it’s no wonder the finance behind football piques interest, even in the world of trade and receivables finance.
Allianz Trade completes acquisition of Portuguese credit insurer Cosec, from Banco BPI
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 bank. Allianz Trade already owns 50% of Cosec, and upon completion of the transaction, will hold 100% of the company. Cosec (Companhia de Seguro de… Continue reading Allianz Trade completes acquisition of Portuguese credit insurer Cosec, from Banco BPI
Surety bonds: the key to growing international business
As more companies look for ways to expand into new markets, surety bonds provide a valuable safeguard and financial advantage.
EIB and HSBC agree on €200m facility to support Greek import and export SMEs
Greek companies engaged in international activities will benefit from a new €200 million trade finance partnership between the European Investment Bank (EIB) and HSBC Bank plc announced in Athens today, in the presence of Yiannis Tsakiris, deputy minister of development and investment. The initiative will support trade and export finance services provided by participating Greek… Continue reading EIB and HSBC agree on €200m facility to support Greek import and export SMEs
DCW unveils its latest insights on letter of credit use in the USA
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.
Allianz Trade, Santander CIB, and Two announce new payments partnership
Allianz Trade, a trade credit insurance company, Two, a business-to-business (B2B) e-commerce payments platform, and Santander Corporate & Investment Banking (CIB), a trade finance bank, have partnered to provide the first global B2B Buy Now Pay Later (BNPL) solution for large multinational corporates. The companies have combined Allianz Trade’s more than 100 years of experience… Continue reading Allianz Trade, Santander CIB, and Two announce new payments partnership
Trade volume, commodity and insurance predictions for 2023
TFG asked Francoise Huang, senior economist for Asia Pacific and Trade at Allianz Trade, John Miller, chief economic analyst at Trade Data Monitor, and Richard Wulff, executive director at ICISA, to give their thoughts on the 2023 trade environment.
Global trade finance – reasons to be hopeful in 2023
In TFG’s conversations with industry experts, we have learned quite a lot about trade volumes and commodities, trade technology, and trade credit insurance. While there is plenty of uncertainty regarding the global outlook in 2023, it is clear that there are many areas of optimism for international trade.
Global trade will slow as recession looms, Allianz Trade outlook for 2023
Global growth is heading towards a recession, and global trade will continue to slow in 2023, according to trade credit insurer Allianz Trade. Meanwhile the UK will muddle through this year’s headwinds of high inflation, labour shortages, increased corporate risk, and an increase in business insolvencies. Global corporate risk The confluence of slower growth, higher… Continue reading Global trade will slow as recession looms, Allianz Trade outlook for 2023