Your Monday morning coffee briefing from TFG. The severe contraction of economic activity due to COVID-19 are being felt around the world. Associations are calling for state backed support for the private credit insurance market as the impact of bank lending severely impacts critical supply chains.
Industry bodies called for further government support towards supporting the global trade industry (multilaterals, banks and insurers), as the coronavirus pandemic continues to disrupt all areas of the economy.
TFG heard from the ICC United Kingdom at their annual conference, Bridging the Trade Finance Gap, delivering paperless trade, discussing the changing market and the role of banks in the… read more →