TFG heard from Robert Meters on the significant role of trade credit insurance in the current economic crisis the global trade is facing.
TFG announced a media partnership with City & Financial Global Ltd for 10th edition of City Week 2020 – its annual International Financial Services Forum.
TFG heard from Dr. Özge TOSUN, legal counsel at Export Credit Bank of TURKEY (Turk Eximbank) on the various surety bond dilemmas in Turkish insurance including the impracticality of expecting Turkish law to govern all overseas contracts.
Under the Export Development Guarantee (EDG), UKEF can provide partial guarantees covering up to 80 per cent of the risk to lenders for a maximum repayment period of up to five years.
ICC has taken the lead to keep trade moving during the Covid-19 pandemic by publishing the eUCP and eURC eRules guidelines for faster and efficient trade transactions.
With factoring and receivables finance volumes continuing to show modest growth around the world, TFG caught up with FCI’s Secretary General, Peter Mulroy, in an association update for the latest issue of Trade Finance Talks.
ITFA has led another industry wide initiative to draw the attention of governments and regulators to the importance of the continuous support of all the different insurance tools in times of crisis.
TFG heard from WOA’s founder, Erik Timmermans, on the latest in receivables and open account trade in 2020, the impact of the COVID pandemic on the RF community, and what we could expect for the remainder of the year.
Figures from the Department for International Trade published today (10 July), show the UK attracted 1,852 new inward investment projects in 2019/2020 financial year, representing a 4% increase on the… read more →
EIPP in combination with blockchain can help banks avoid duplicate Invoice Financing and perform dedupe effectively.
As lockdowns became the norm around the globe, governments have had to step in to support their economies due to the substantial downturn in economic activity – breaking stimulus records in the process.
Washington, D.C., July 23, 2018 – IFC, a member of the World Bank Group, and Citi announced today the signing of a $1.2 billion risk-sharing facility to help stimulate the growth… read more →
SMEs need to re-think their innovation strategy including digitalisation as the pandemic has accelerated the shift to digital technology in trade.
SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.