At the 2023 ITFA Trade and Investment Forum in London, Trade Finance Global spoke with Alexander Malaket, president, OPUS Advisory Services, to learn more about trade finance as an asset class, the promise of a standardised rating system, and the role of ESG as a catalyst for investment
Most brokers and banks trading on the London Metal Exchange (LME) had a bumper year in 2022 in a highly-volatile market, but a provision by JP Morgan due to a… read more →
VIDEO: Learn more about the letter of credit and the rules governing its use in this four-part interview series with Pradeep Taneja of ICC Bahrain. Includes: tips and explanations of the UCP 600 and the evolution of the rules.
In 2023, environmental and climate issues will again be at the top of the policy agenda in the Middle East and North Africa. The upcoming COP28 climate conference in Dubai and the rapid growth in the renewables sector in Egypt and North Africa both point to the growing power of MENA states within global climate politics.
South Korea has formally restored Japan to its list of countries it gives preferential treatment in trade, three years after the neighbours downgraded each other’s trade status amid a diplomatic… read more →
In this episode of Trade Finance Talks, Deepesh Patel, editor at TFG was joined by Chris Southworth, co-chair of Legal Reform Advisory Board at ICC Digital Standards Initiative, and Nick Davies, director of the Centre for Digital Trade and Innovation.
The Business Research Company’s research on the trade credit insurance market forecasts the global trade credit insurance market size to grow from $10.3 billion in 2022 to $11.2 billion in… read more →
As the commodity trading industry looks back on Q1 of 2023, it is evident that the first three months of the year have been marked by a number of significant events.
Trade is critical in advancing economies, including those in the MENA region. At the same time, trade finance presents unique opportunities for criminal exploitation, also referred to as Trade Based Financial Crime (TBFC).
The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging Bancobu’s strategic footprint in the… read more →
A typical fund structure uses proceeds from shareholder subscriptions to invest in a diverse pool of assets. A fund generally cannot default if it has no debt obligations but rather will experience changes in its total return or net asset value available to fund shareholders (the investors).
Today, Standard Chartered and the IFC announced the signing of a $700 million investment in the IFC’s Global Trade Liquidity Programme (GTLP) in support of global trade finance. Since the… read more →
Today, Deutsche Bank and SACE announced the close of a €57 million, 10-year lending facility in support of local food production in the Republic of Angola. This facility was guaranteed… read more →
Fraud has been a prevalent issue in commodity trading and financing over the past few years, most recently in relation to cargoes of metals.
ESG is certainly not a new development, but its growth and importance in financial services have never been higher. Whilst there has been a big focus on the “E” in ESG, we’re also seeing a lot of progress in tackling other aspects, such as social action to address societal challenges. One of the biggest social challenges in global trade is the huge, and growing, finance gap.