In the ever-evolving landscape of international finance, one pressing question looms large: Can Central Bank Digital Currencies (CBDCs) truly transform the realm of cross-border payments? 

International trade is vital to the growth of income and the country’s economy. It is, however, not possible to carry out any trade devoid of any risks.

In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Karin Oszuszky, Senior Investment Manager for Business Development at the OPEC Fund for International Development, during the European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Annual Conference in Vienna to discuss the OPEC Fund’s work in light of the latest trends and developments in trade finance and facilitation.

Correspondent banking relationships (CBRs) are the linchpin of international trade and finance, enabling cross-border transactions and providing a gateway to foreign financial markets. 

The UK’s inflation rate remained at 6.7% in September, defying earlier predictions of a slight decrease. This rate is the highest among major advanced economies and sustains the possibility of… read more →

In the realm of trade, treasury and payments, the quest for seamless transactions and the bridging of technological divides has taken centre stage. At Sibos 2023 in Toronto, the panel “Corporate to Bank APIs for Guarantees – Are we Future Ready?” focused on the role of standardisation in driving technological development for the industry.

Finastra, a Worldwide Supplier of Financial Software and Platforms, has Joined Forces with ELCY, an Expert in E-commerce Systems for Managing International Trade Finance. Their Collaborative Effort is Aimed at… read more →

In this episode of Trade Finance Talks, TFG’s Deepesh Patel sat down with Raja Al Mazrouei, CEO of Etihad Credit Insurance, to discover how ECI is not only encouraging UAE businesses to tap into emerging regional and international markets but also enabling them to scale new heights and achieve sustainable growth.

To help drive digital adoption in trade, Stephenson Harwood, in alliance with Virtus Law LLP, has collaborated with Singapore’s Infocomm Media Development Authority (IMDA) to release an article, TradeTrust-enabled Electronic Bills of Lading – A legal and practical analysis of their use in global trade. 

Britain and South Korea have decided to prolong the duration of minimal or zero tariffs on mutual trade involving goods with components from the European Union, according to an announcement… read more →