Tag: trade finance

Despite a tentative US, China deal, uncertainty around tariffs has increased demand for trade finance products from Asian corporates, as firms look to reroute supply chains, derisk and improve working capital.

Jennifer Barker, global head of treasury services and depositary receipts at BNY, recently discussed cross-border and instant payments, collaboration, Swift, AI, trade finance, and more, with CT.

Amelia Ng, CEO of Olea, discussed the urgent need to close the gender gap in the trade finance space with CT.

Banks in the city can provide longer tenor trade finance services with higher volumes for both Chinese and international corporate clients, under a new HKMA arrangement; some firms have already secured liquidity.

The principles published by the International Chamber of Commerce (ICC) will help provide standardised guidelines for trade finance products.

New chat tool said to address a growing knowledge gap in the trade finance industry.

The swap line will help Hong Kong banks to provide trade financing liquidity.

Tokenisation is expected to gain further traction, from money market funds to trade finance. Use cases and infrastructure support will be key.

Banks are providing incentives to encourage greener, more transparent supply chains, however managing costs is a key challenge, according to a survey.

HSBC has become the latest bank to sign a $1bn risk-sharing facility with the International Finance Corporation, to help address a trade finance gap in emerging markets.

Sibos 2024 is under way in Beijing from October 21-24. Here you can find some of the latest announcements made by banks, fintechs, and corporates, during the annual conference.

The British bank has appointed a new global head of trade and working capital, as well as heads of transaction banking in Asean and Europe.