Like many products within trade finance, trade credit insurance has endured serious volatility during the last 12-18 months, thanks to the COVID-19 pandemic.
New surveys on both sides of the Atlantic have found that the vast majority of businesses are struggling with inflation, and many are already passing on price hikes to consumers.
UK-based fintech Finastra has introduced additional alternative reference rates (ARR) and risk-free rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates, and borrowers to calculate ARR… read more →
As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.
FCI Academy, the education arm of FCI, has launched a new e-learning course on Supply Chain Finance and Reverse Factoring. As the latest addition to FCI Academy’s six online modules,… read more →
BAFT is the leading financial services association for international transaction banking. In his new role, Stevenson will lead BAFT’s trade-focused policy, practices, and education initiatives, and support its trade-related councils and committees.
For the Maritime and Port Authority of Singapore (MPA), the establishment of the Global Centre for Maritime Decarbonisation in August this year was yet another milestone in enhancing Singapore’s status as an international shipping hub.
UK Export Finance (UKEF) has announced significant changes to its range of products as the UK begins its first ever International Trade Week. As the UK’s export credit agency (ECA),… read more →
The supply chain crisis appears to be subsiding, according to the World Trade Organization’s (WTO) most recent World Trade Report.
The UK government has announced an ambitious new plan to double the value of British exports to £1 trillion per year by 2030. Under the banner of ‘Made in the… read more →
With environmental issues now a top priority for the investment world, Alastair Sewell’s undergraduate degree in biology is finally paying off.
US investment bank BNY Mellon has become the first bank to complete a trade finance deal using the CME’s new Secured Overnight Financing Rate (SOFR). In a trade finance loan… read more →
UK Export Finance (UKEF), the export credit agency of the British government, has issued its largest-ever financing guarantee to help build Turkey’s largest solar power plant. Backed by US-based GE… read more →
Over the last two weeks, the UK has been at the forefront of some of the biggest announcements to come out of COP26.