For ages, correspondent banking has played a vital role in the global payments system. Through correspondent banking relationships, banks gain access to a diverse range of financial products across various jurisdictions enabling them to offer cross-border payment solutions and services to their customers.
In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Shirish Wadivkar, Global Head – Wholesale Payments & Trade Strategy at Swift, to uncover the conference’s core themes, the latest Swift initiatives, and strategies to prepare for Sibos 2023.
ADB’s flagship Trade Finance Gaps Survey returns for its eighth edition, confirming expectations that the global trade finance gap – unmet demand for trade financing – has worsened, reaching $2.5 trillion, an increase of 47% since the last stock-taking which pegged the gap at $1.7 trillion in 2020.
In its largest single-period increase since its inception, the Asian Development Bank’s (ADB) latest Trade Finance Gaps, Growth, and Jobs Survey indicates that the trade finance gap in 2022 rose to $2.5 trillion, up from $1.7 in 2020 and $1.5 trillion in 2018.
Sarah Murrow, CEO of Allianz Trade UK & Ireland, explains how trade credit insurance can help UK companies grow export revenues safely at a time of heightened credit risk.
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.
The G20 Trade and Investment Ministerial Meeting was held in Jaipur, India, on August 24-25, 2023. The meeting focused on the future of trade and investment in the wake of the COVID-19 pandemic and the war in Ukraine.
Your Monday morning coffee briefing from TFG, 28th August 2023.
Since B2B can attract the most money, the focus quickly turned to helping the corporate treasurer, the SME, and the B2B space.
Your Monday morning coffee briefing from TFG, 21st August 2023.
In part 1 of this interview, Morgan Lépinoy, Managing Director of Viatrans broke down how container deposits are creating deep structural issues for the shipping and logistics industry in Africa, and what Viatrans is doing to help mitigate these challenges.
Shipping containers are vital for shipping lines, which are availed to shippers (importers, exporters, customs agents, and freight forwarders) for safe and secure transportation of goods.
International Lawyers and Economists for Development (ILaED) is a non-government organisation focusing on the economic development of women and girls. By encouraging entrepreneurial skills, it helps them engage in both local and international markets.
At the World Export Development Forum (WEDF), hosted in Ulaanbaatar, Mongolia, TFG’s Deepesh Patel spoke with Davaadalai Batsuuri, Economic Policy Advisor to the President of Mongolia, to learn more about Mongolia’s commitment to green trade and the country’s environmentally conscious strategies.
London, 25 July, 2023 – In a significant move to bridge the trade finance gap, Trade Finance Global (TFG) has launched TFG Distribution Finance.