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Your Monday morning coffee briefing from TFG. FCI reports a drop in global factoring statistics in 2020, linked to a drop in trade volumes due to the pandemic.
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
Teaching businesses to unlock working capital and grow their operations through factoring education programmes (FCI)
The UK-EU Free Trade Agreement was reached just days before the UK’s departure from the Single Market and Customs Union. The deal provides for zero tariffs and sero quotas, providing a basis for a more positive future cooperation, in comparison to trading on WTO terms.
EUF plays an important role for our industry today more than ever and confirming FCI’s support regarding the lobbying of the new definition of default with the EBA.
TFG’s Deepesh Patel caught up with FCI’s Chairman, Mr. Patrick de Villepin, and FCI Vice Chairman, Mrs. Daniela Bonzanini, on the critical role of Receivables finance industry in the recovery of global trade growth during this challenging period.
New report from GSCFF aims to address criticisms across three key areas: the potential adverse impact on suppliers, issues relating to financial reporting and transparency, and overall programme risk.
With factoring and receivables finance volumes continuing to show modest growth around the world, TFG caught up with FCI’s Secretary General, Peter Mulroy, in an association update for the latest issue of Trade Finance Talks.
The FCI Annual Review is a globally recognised publication in the world of Factoring and Receivables Finance.
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.
The number of recorded daily new COVID-19 cases worldwide hit a new record last week with Latin America and the Caribbean now accounting for the largest number of cases by major region.
Debtor Finance is a simple, viable alternative to consider for relatively quick access to working capital funding.
As the lockdown eases the global economy is starting to come back to life. The UK started to emerge from lockdown, with people who are unable to work at home ‘actively encouraged’ to return to work. From next Monday all non-essential shops will be allowed to get back to business.
Your Monday morning coffee briefing from TFG. As countries begin to lift lockdown restrictions, the World Health Organization warned of an “immediate second peak” if measures were lifted too soon. Economic developments in the past few weeks suggest the UK has now passed the peak for both jobs and growth decline.
