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The trade credit and surety insurance industry can look back on positive development over the last 20 years, reveals Robert Meters, Editorial Board Member of trfnews and Director Global Business at SCHUMANN. A global premium growth rate of 5-6 per...
#artificial intelligence#insolvency#management
Bloxcross, blockchain-based financial solutions provider, and JP3E, a global commodity trading firm, have announced the launch of a new, comprehensive platform designed to…
#artificial intelligence#blockchain#digital
In the wake of an economic downturn, Central and Eastern European (CEE) countries witnessed a dramatic surge in company insolvencies…
#COVID#COVID-19#insolvencies
The European Bank for Reconstruction and Development (EBRD) and Tajikistan have agreed to cooperate on gender equality and support for…
#bank#banks#financial services
While lenders experienced subdued demand for factoring in 2023, reflecting soft consumer retail spending and a cautious retailer approach to…
#commercial finance#international#International Trade
FCI has released the preliminary world factoring statistics for 2023 indicating that the factoring and receivables finance Industry volume saw…
#factoring statistics#international#receivables
The resilience of the asset-based lending market continued in the fourth quarter, according to data released by the Secured Finance Network…
#bank#commercial finance#international
In light of the rapidly changing landscape of the trade finance industry, FCI has decided to start establishing a regional…
#bank#receivables#Standard Chartered Bank
Artis Trade Invest Fund (Liechtenstein) announces a new initiative for secured trade finance, providing short-term financing to European petrol stations.…
#credit risk#invoice#risk
Turk Eximbank has signed a 10-year term resource agreement with an amount of €140m from a consortium of banks under…
#exporters#exports#financial institution
The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282m.Initiated for the exclusive…
#bank#international#trade
ITFA has opened for its members access to an industry framework for open account distribution. The Master Account Receivables Assignment Agreement (MARA)…
#assignment#credit risk#receivables
The Ministry of Trade, Industry, and Energy has declared an unprecedented injection of KRW255tn (US$190bn) into trade insurance this year,…
#exports#guarantees#smes