To put it lightly, the past few years have been a rollercoaster ride for trade finance. Recent challenges have pushed the industry to the boundaries, which has created significant angst for many. However, this struggle also has a silver lining.
After COVID-19, the commodity trade finance industry experienced a period of great recovery. Trade finance covers a broad range of financing arrangements for the production, exporting and selling of commodities.
2022 was a year of seismic and rapid changes for international trade and trade finance. War in Europe, COVID-19, and inflation created unimaginable disruptions in the industry. This dynamic phase is creating opportunities and gives way for new entrants in the ecosystem.
The central theme at this year’s Sibos conference in Amsterdam, the blue-chip gathering of the world’s top executives in banking and finance organised by SWIFT, focuses on how to best embrace digital transformation while mitigating risk and elevating sustainability.
TFG interviews Ukrainian trade finance experts to learn about the state of the industry and how the international banking community can help.
The Virtual World Trade Symposium 2021 got started today. Hosting a wide range of global experts, here are some of the top insights.