Trade Finance

BNP Paribas plans trade finance fund this year

French bank BNP Paribas is planning to launch a fund this year to drum up new liquidity for trade finance, Jacques-Olivier Thomann, the managing director of the bank’s Geneva office, said on Tuesday. More >

Europe Woes Hit Asia Trade Finance

The Asian Development Bank is preparing for a surge in demand for its trade financing, with a pull-back in lending by European banks risking a greater credit squeeze for some Asian nations than seen in 2008. More >

Trade finance: how to ensure credit during the financial crisis?

The Impact of Basel on Global Trade Finance

TMB reports strong trade finance growth

TMB Bank has recorded healthy expansion of trade finance business and fee-based income, thanks to continued expansion of Thai exports.The bank’s chief wholesale officer, Piti Tantakasem, said TMB’s trade finance value had increased from around 10 billion baht per month three years ago to 70-80 billion now due to robust export growth. More >

Asian and African development banks sign trade finance deal

The Asian Development Bank (ADB) and the African Development Bank (AfDB) have signed a trade finance agreement to help the latter set up a trade finance programme to boost African trade. AfDB is looking to expand its trade finance activities to support companies across Africa, similar to ADB’s trade finance programme in developing countries in Asia. More >

SABB wins honors for trade finance services

The Saudi British Bank (SABB) has been named the “Most Active Confirming Bank in the Middle East & North Africa and Supporter of SME Trade” by the World Bank’s International Finance Corporation (IFC) for the second consecutive year. More >

International Trade Finance for the Small Business

http://www.csob.cz/SiteCollectionDocuments/CSOB/CSOB/Servis-pro-media/CSOB-Best-trade-finance-provider-2008.jpgWith the advent of the Internet, even the smallest of businesses can branch out to international sales. Depending on the scale in which the business chooses to move in to, international trade finance may be the logical choice if working capital for such a venture is not easy to come by. There are many agencies and financial institutions that have dedicated complete departments to assisting just this type of business owner. More >

Managing Global Trade Finance

In the past decade, thousands of companies worldwide have embraced strategic sourcing and international distribution. About 90 percent of all companies in North America now import and/or export goods and products. Effective management (and financing) of global supply chains is increasingly important to the economic health of companies across all industry sectors. Yet many supply chain managers do not fully understand the economics of these global movements or the best practices to manage them effectively. More >

Managing Global Trade Finance

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In the past decade, thousands of companies worldwide have embraced strategic sourcing and international distribution. About 90 percent of all companies in North America now import and/or export goods and products. Effective management (and financing) of global supply chains is increasingly important to the economic health of companies across all industry sectors. Yet many supply chain managers do not fully understand the economics of these global movements or the best practices to manage them effectively. More >