We recently attended a conference on African trade and infrastructure and heard from many financial institutions who have a specific interest in the continent; they all outlined the difficulty and challenges of the landscape. Even when a product or lend looks creditworthy and can be justified; there are usually problems that are encountered at Credit… Continue reading Why will African banks not finance trades?
Category: Structured Terms of Payment
Structured Terms of Payment
Expert View: Enrico Camerinelli on Trade and Supply Chain Finance
Following the success of Sibos 2016, we spoke to Enrico Camerinelli, a senior analyst at Aite Group specializing in wholesale banking, cash and trade finance, and payments. Based in Milan, he brings a strong European focus to Aite Group’s Wholesale Banking practice. [one_third][responsive][/responsive][/one_third][two_third_last]Mr. Camerinelli has extensive experience within his areas of coverage as well as… Continue reading Expert View: Enrico Camerinelli on Trade and Supply Chain Finance
The top 10 most asked questions about letters of credit – A 2022 TFG guide
Top 10 questions on trade finance, covering letters of credit, bills of lading, avalisation, documents, reverse factoring, and bank guarantees. Read our FAQ.
Basel III – What is it and what will it mean for alternative finance? A Basel III Guide for Dummies
Basel III – A Guide to Basel and what it means for banks Basel III regulation affects lending from banks. Alternative finance and ‘fintech’ encompass many different elements which are incorporated into lending platforms; it is these lenders that may be affected by the Basel regulations. Prior to looking at this change it is important… Continue reading Basel III – What is it and what will it mean for alternative finance? A Basel III Guide for Dummies
How are essDOCS paving the way for paperless trade?
We spoke to Jacco de Jong, Managing Director, essDOCS Consulting about his history and career in trade finance, as well as his views on recent changes and the future of trade finance. Jacco possesses over 30 years’ experience in the International Trade and Commodity Finance Banking space, having worked both for and with numerous major… Continue reading How are essDOCS paving the way for paperless trade?
Oil Prices – What are the main drivers?
There is much talk over what is behind the low prices and where the market is going. At TFG we see that there is rising energy demand and supply pressure. What is predicted? It’s predicted that in 50 years time, the global population will reach 9.5 billion, 75% of whom will be living in cities… Continue reading Oil Prices – What are the main drivers?
Export Factoring
Export factoring – Explained Export factoring is a package that encompasses credit protection, export working capital financing, foreign accounts receivable bookkeeping and collection services. The financier (factor) will purchase accounts receivable or invoices, which are raised once the seller ships the goods to the buyer. The exporter will then agree with the factor, where the… Continue reading Export Factoring
Thomson Reuters ONESOURCE Global Trade software – An Interview with Taneli Ruda
It’s not very often when we come across truly global solutions which simplify trade finance and supply chain process management. However, the technology lying behind Thomson Reuters® ONESOURCE™ Global Trade software is a leap in the right direction to digitise and accelerate all needed innovation in the global trade sector. Trade Finance Global are truly… Continue reading Thomson Reuters ONESOURCE Global Trade software – An Interview with Taneli Ruda
An Interview with Steve Beck at Asian Development Bank (ADB) on trade finance in Asia
Trade finance is advancing hugely in Asia, and we were excited to speak to Steve Beck, the head of the Trade Finance Program at Asian Development Bank (ADB), on the future of trade finance in Asia, and the latest developments at ADB. [responsive][/responsive] Tell us how ADB is supporting the trade finance industry in some… Continue reading An Interview with Steve Beck at Asian Development Bank (ADB) on trade finance in Asia
Trade finance in Africa – where are we headed? An Interview with Ikenna Egbukole, FirstBank of Nigeria
What’s the future of Africa trade finance? Trade finance presents huge opportunities in emerging markets such as Africa. We spoke to Mr Ikenna Egbukole, Head of Structured Trade & Commodity Finance at First Bank of Nigeria about the growing need for trade finance to encourage Nigerian entrepreneurs to trade internationally. What does FirstBank do? Tell… Continue reading Trade finance in Africa – where are we headed? An Interview with Ikenna Egbukole, FirstBank of Nigeria
Bradford SMEs lead in UK exports
Bradford has the highest percentage of SMEs which are selling products or services overseas, according to a recent FedEx Exporter survey. Beating the usual suspects, (London, Leeds, Manchester and Southampton,) 86% of Bradford SMEs export outside of the UK. After Leeds, Bradford is the second biggest economy in Yorkshire, totalling around £8bn. Bradford is primarily… Continue reading Bradford SMEs lead in UK exports
A Q&A with Roman Itskovich at Ebury
By 2016, over half of the UK’s SMEs expect to be exporting their goods and services around the world; that’s an increase of one fifth over the next year. This is great news for Britain’s economy, but serious challenges remain if our SME importers and exporters are to reach their full potential in the global… Continue reading A Q&A with Roman Itskovich at Ebury
What does low inflation mean?
Low inflation rates breathe sigh of relief into markets and UK importers The UK’s annual inflation rate fell to zero in February which breathed a sigh of relief into markets. However, this is mainly a by product of the continued reduction in the cost of oil. Inflation was at 0.3 per cent in January, with… Continue reading What does low inflation mean?
How is interest on a loan calculated?
When a bank or finance house lends out money they will usually use a reference rate, which in the United Kingdom will usually be LIBOR (London Interbank Offered Rate) or EURIBOR (Euro Interbank Offer Rate) and this will usually be referred to as the ‘base rate’. The margin that the financier or bank makes is… Continue reading How is interest on a loan calculated?
What are the problems with Letters of Credit?
There are a number of difficulties with using a Letter of Credit, but they are one of the most widely used instruments for trade. Letters of credit are used in 11-15% of all global export transactions, accounting for over a trillion US dollars per year. Difficulties and problems with Letters of Credit It is now… Continue reading What are the problems with Letters of Credit?