How Canada’s ECA is responding to Trump’s tariff war | Global Trade Review (GTR)
As trade tensions grow between the US and its northern neighbour, Export Development Canada is exploring new ways to help domestic business.| Global Trade Review (GTR)
As trade tensions grow between the US and its northern neighbour, Export Development Canada is exploring new ways to help domestic business.| Global Trade Review (GTR)
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)
Trade credit insurer Bond and Credit Company (BCC) denies it should pay out €18mn to a commodity trader for unpaid debts following the collapses of traders Rhodium and Longview, in a sprawling case that has also dragged in broker Marsh. Singapore-headquartered trader Triumph Global filed a lawsuit against BCC last year attempting to recover funds ...| Global Trade Review (GTR)
Unlike in many areas of financial services, trade finance does not have robust and widely available market data on pricing that can be useful for both banks and corporates. But is that about to change? In this Industry Perspective, Joshua Kroeker, chief product officer of trade finance platform Mitigram, explains how the company is collating ...| Global Trade Review (GTR)
The high costs of offering global trade finance may cause some large lenders to scale back and open the way for more specialised and regional lending, JP Morgan’s Natasha Condon has said. “Being a big international trade bank is really expensive. It’s getting more expensive every year, and that means there are going to be ...| Global Trade Review (GTR)
Italy’s export credit agency Sace has agreed to cover a commercial bank loan worth US$600mn for food and beverage giant San Miguel, the latest deal signed under its booming untied programme. The facility, signed on March 27, is being financed by SMBC and backstopped with a guarantee from Sace. Sace is providing support under its ...| Global Trade Review (GTR)
