Indian financial institutions are seeking better capital treatment of trade credit insurance as part of the country’s review of trade finance. The country’s domestic banks are discouraged from offering financing products such as domestic and cross-border factoring because they do not benefit from reduced capital requirements when they use credit insurance, unlike lenders in ...| Global Trade Review (GTR)
Atradius DSB is preparing to launch a product aimed at boosting critical mineral imports into the Netherlands, joining several other export credit agencies (ECAs) in tackling concerns over long-term supply. The Dutch ECA has started a pilot phase for a facility that will enable loan guarantees for foreign raw materials projects, thereby bolstering manufacturing in ...| Global Trade Review (GTR)
The German government has unveiled a package of measures to boost the scope of its export credit agency Euler Hermes, with banks praising more relaxed local content requirements and a friendlier stance on defence exports. In January, Germany’s economy and climate minister Robert Habeck revealed a series of reforms to help support the country’s industrial ...| Global Trade Review (GTR)
Export credit agencies (ECAs) are increasingly channelling support for energy deals to high-income countries as they shift to renewables, a study has found, further shrinking poorer nations’ access to energy finance. Wealthy nations have driven a sharp rise in export credit support for renewable energy technology in recent years, but a study published today in ...| Global Trade Review (GTR)