Bolero and essDOCS inked their first deals on India trade and bank payment obligations (BPO), breaking new ground for the normalisation of electronic trade documents.
The top fifteen countries by deal value for ECA financing, structured commodity financing, supply chain finance, trade flow business, and syndicated trade financing loans.
A survey of China’s top companies reported a marked dissatisfaction with trade finance and liquidity management services, products they also ranked as among the most important, according to East & Partners.
Use of letters of credit (LC) for exports to Bangladesh surged 118% last year, compared with the previous 12 months. Increased trade with China is likely a key driver.
Indonesia July PMI reaches 51.4 with strong growth in new orders, HSBC economists show, but other regional manufacturing PMI numbers are dismal for July
Indicator of confidence in trade finance is modestly up in Asia, according to a recent study commissioned by HSBC, but it’s debatable how useful the index is.
HSBC has hired Bhriguraj Singh as its head of product management for global trade and receivables finance Asia Pacific, a new role for the British-headquartered bank.