TFG heard from Eng. Hani Salem Sonbol, CEO, International Islamic Trade Finance Corporation
FCI advised of the results of the 2019 Annual Awards for Excellenc and the new Executive Committee for 2019. TFG reports from Ho Chi Minh City, as Media Partners of the Meeting.
TFG are delighted to be joined by Michael Vatikiotis, who was the keynote speaker earlier today at FCI’s 51st Annual Meeting in Ho Chi Minh City, an experienced author, journalist and conflict moderator specialising in Southeast Asia.
HO CHI MINH CITY, Vietnam, 11th June. Deepesh Patel, Editorial Director of TFG, spoke today on the Evolution of Receivables Finance at FCI’s 51st Annual Meeting held in Vietnam. Speaking on a panel chaired by Lionel Taylor, Trade Advisory Network, alongside Editorial Directors of BCR Publishing and Business Money, the panel gave an observer view on the evolution of factoring in Southeast Asia.
The FCI “Career Path” programme has been endorsed by the London Institute of Banking & Finance (LIBF) for its quality and content.
Bank of America Merrill Lynch’s Baris Kalay explores what it takes to implement a successful supply chain finance program.
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
Trade finance has been a very slowly moving space when it comes to embracing digital innovations. However, the coin is now flipping: new data sharing technologies and ambitious plans from major trade originators provide much hope for a new trade finance landscape to emerge in the foreseeable future. Will the new trade consortia succeed to scale, and by when?
In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.
Invoice factoring is the practise whereby a third party factoring institution purchases a business’ outstanding invoice debt with a discount applied. This increases the availability of funds in the short-term for businesses, which is often crucial to the survival of small-to-medium sized businesses.
Since its inception in 2015, OakNorth has gone from strength to strength. Indeed, last year the British challenger bank reported a 220% increase in profits from the previous year. So what is the story behind OakNorth and why is it growing so quickly?
Trade Finance Global heard from Sean Edwards, Chairman of the ITFA at the NEARC (North East Asia Regional Committee) Seminar held in Beijing earlier this month.
Trade Finance Global heard from Simon Kleine, Director at East & Partners Europe, on the State of the Global Supply Chain Market, focussing on UK – China trade corridors.compete successfully and win business based on their inherent strengths.
I recently spoke with Laurent Tabouelle, COO of CODIX. Laurent’s entire career has been in IT for the financial and now the SCF industry and, as CODIX’s Group Managing Director, we wanted to hear about some of the advances in software and technology within the corporate finance and factoring sector.