Trade Finance Global (TFG) and The London Institute of Banking & Finance (LIBF) today announce the 2020 winners for the International Trade Professionals Programme (ITPP).
Category: Trade Finance
How should Colombia transform its oil-dependency for an eventual post COVID-19 global economic rebound?
With competitive digital economy, Colombia will be able to plan for post-pandemic recovery and strengthen regional economies to adopt smart solutions linked to the Internet of Things that allow them to compete in global value chains.
PODCAST: ‘China Plus One’ Strategy – Best of Both Worlds? (S1 E45)
TFG heard from Dr. Deborah Elms, CEO, Asian Trade Centre on the impact of COVID19 for businesses in Asia Pacific and how governments and policymakers can accelerate the economic recovery.
World Bank Extends To TDB A Debut $415 Million Long-Term Infrastructure Finance Facility – A First Of Its Kind
[box] Amidst the Covid-19 crisis, World Bank IDA approves a record long-term USD 415 million project financing facility with a credit line blended with technical assistance for TDB. [/box] Nairobi, 30 June 2020 – The Eastern and Southern African Trade and Development Bank (TDB) is delighted to announce the approval of a ground-breaking USD 415 million… Continue reading World Bank Extends To TDB A Debut $415 Million Long-Term Infrastructure Finance Facility – A First Of Its Kind
Are corporate balance sheets in Spain and Italy ready for the COVID-19 shock?
Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery will be long and arduous. Despite immediate tax deferrals, liquidity guarantees, it is likely that many firms will find themselves in difficulty. According to Coface… Continue reading Are corporate balance sheets in Spain and Italy ready for the COVID-19 shock?
ITFC Finances Afreximbank with US$200 Million COVID-19 Response Package for the Agriculture Sector in Sub Saharan Africa
[box] Murabaha financing agreement delivers critical support for thousands of farmers exporting food commodities across the continent as COVID-19 impacts global food commodity prices. [/box] (Jeddah, KSA, 30 June 2020). The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, signed a US$200 million syndicated Murabaha financing agreement with the African Export-Import Bank (Afreximbank), a multilateral financial… Continue reading ITFC Finances Afreximbank with US$200 Million COVID-19 Response Package for the Agriculture Sector in Sub Saharan Africa
PODCAST: WEF – The Fourth Industrial Revolution: Inclusive digital trade is the future (S1 E44)
TFG heard from World Economic Forum’s Ziyang Fan on bringing policymakers, innovators and technologists together to work hand in hand to solve some of the global challenges.
‘Bounce back’ plan for agriculture, food and drink industry launched
[box] Package of measures designed to turbo charge UK food and drink as the world recovers from coronavirus The plan will provide unprecedented help for SMEs and allow them to capitalise on trade agreements being negotiated by DIT with Japan, US, Australia and New Zealand Designed in conjunction with business and the devolved administrations, the… Continue reading ‘Bounce back’ plan for agriculture, food and drink industry launched
Money Laundering – A step-by-step guide for robots to challenge
Considering the stakes involved in managing the AML/KYC compliances are high, banks/ FI should carefully assess the options available with them and look holistically to mitigate the risk.
Why should Canadian SMEs leverage trade credit insurance post COVID-19?
SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.
A Bankers Dilemma – Stretching the Operating Cycle for Trade Credits
By leveraging technology for insights, a banker can make well-informed decisions, in compliance with audit and ethics, which are in the best interest of the bank.
BACB Exclusive: Patience will pay off in Europe-Africa trade relations
TFG heard from BACB’s Jeff Fallon, arguing that deeper Africa-Europe integration will be challenging in the new environment – here’s why.
Government support secures major contract for UK construction in Benin
The Government’s export credit agency, UK Export Finance, provides over £100 million in direct lending for project to redevelop a 114-mile road in Benin Sogea-Satom UK will source goods and services from the UK supply chain and boost UK exports to the region The upgraded road will facilitate trade between West African countries Exports… Continue reading Government support secures major contract for UK construction in Benin
ELCY and essDOCS announce enhanced LC data integration
In line with their partnership and continued collaboration, ELCY, the leading e-commerce solutions provider for the international trade finance marketplace, and essDOCS, the leading enabler of paperless trade, announced today a major enhancement to Letter of Credit (LC) data integration between ELCYmbp and CargoDocs. [box] [/box] The new, improved data integration reflects the close working… Continue reading ELCY and essDOCS announce enhanced LC data integration
IFC Exclusive: Supply Chain Finance – Enabler for MSME Growth and Financial Inclusion?
TFG heard from IFC’s Qamar Saleem on the impact of Supply Chain Finance on domestic banks (and in turn, MSMEs,) in emerging and developing markets.