Sri Lankan Banks Secures $400 Mn Financing From IFC

As per the latest news, the International Finance Corporation (IFC) is providing a cross-currency swap facility worth $400 million to three of Sri Lanka’s renowned national banks with the purpose to strengthen the country’s deteriorating economy in decades.

Read more: https://www.emeriobanque.com/news/sri-lankan-banks-secures-400-mn-dollar-financing-from-ifc

#InternationalFinanceCorporation #IFC #GlobalTradeFinance #CBC #tradefinance #SriLankan

ICC UK Introduces Initiative To Cope Duplicate Finance Fraud

Recently, the ICC United Kingdom has reported launching a new drive to enhance the UK finance industry against the adverse effects of duplicate financing fraud.

Read more: https://www.emeriobanque.com/news/icc-uk-introduces-initiative-to-cope-duplicate-finance

#DigitalTradeandInnovation #UKfinance #ICCUnitedKingdom #financialservicesglobally #globaltradefinance

How Investment in Trade Finance Can Help SMEs Thrive?

A healthy trading system depends on the availability of finance. Up to 80% of current Global Trade Finance is backed by credit insurance or other financing. However, there are sizable gaps in the available resources, making it difficult for many businesses to access the necessary financial tools.

Read more: https://www.emeriobanque.com/blogs/how-investment-in-trade-finance-can-help-smes-thrive

#GlobalTradeFinance #tradefinance #supplychains #SMEs #TradeFinanceServices #Tradefinanceinstruments

How to Grow And Revive A Struggling Business

The mindset you have plays a crucial role in overcoming business failure. It starts with a willingness to adapt and a flexible, upbeat attitude. Whether or not failure inevitably leads to success depends on how we handle it.

Read more: https://www.axioscreditbank.com/blogs/how-to-grow-and-revive-a-struggling-business

#StrugglingBusiness #TradeFinance #Letterofcredit #TradeFinanceService #Finance #GlobalTradefinance

Trade Finance Market USD 11631260 Million By 2028 With A CAGR of 5.4% - Valuates Reports

According to the latest news, the global Trade Finance Market is estimated to reach USD 8014110 million in 2021 and is predicted to be a corrected size of USD 11631260 million by 2028 with a CAGR of 5.4% for the period of 2022-2028.

Read more: https://www.emeriobanque.com/news/trade-finance-market-usd-11631260-million-by-2028-with-a-cagr-of-5-4-percent

#LettersofCredit #blockchaintechnology #tradefinance #EmerioBanque #SMEs #globaltradefinance

Deutsche Bank splits trade finance leadership across Europe, Asia

Jain (pictured), based in Singapore, and Frankfurt-based Resovac take over the role from Daniel Schmand, who earlier this year became global head of institutional cash management and head of corporate bank operations at the German lender. They will report to Stefan Hoops, head of Deutsche’s corporate bank.

Read more: https://ngulminthanglhanghal.wordpress.com/2022/04/29/deutsche-bank-splits-trade-finance-leadership-across-europe-asia/

#NgulminthangLhanghal #finance #Ngulminthang #tradefinance #globaltradefinance

De-Dollarizing Trade: Conducting Global Trade Finance in National Currencies

The consequences of the financial explosion of 2008 led many nations to battle for getting access to the U.S. dollar (USD) so that they could save their national currency as the global reserve currency got held by the U.S. Federal Reserve Bank.

Read more: https://www.emeriobanque.com/news/de-dollarization-global-trade-finance-in-national-currency

#NATO #SWIFT #globaltrade #GlobalTradeFinance #DeDollarizingTrade #globaltradefinancialsystems

Allied Market Research Report Says, Trade Finance Market Size to Hit $90.21 Bn by 2030 at 7.4% CAGR

Recently, a report has been issued by the Allied Market Research, named, “Trade Finance Market by Product Type (Commercial Letters of Credit (LCs), Standby Letters of Credit (LCs), Guarantees, and Others), Provider Global Opportunity Analysis and Industry Forecast, 2021–2030.”

Read more: https://www.emeriobanque.com/news/trade-finance-market-size-to-hit-90-21-bn-by-2030-at-7-4-cagr

#AlliedMarketResearch #globaltradefinance #CAGR #tradefinance #SMEs

Global Trade Finance Gap Enlarged To $1.7 Trillion In 2020

According to the latest Trade Finance Gaps, Growth, and Jobs Survey, announced by the Asian Development Bank (ADB) today on Oct. 14, 2021, global trade finance witnessed a record-breaking gap of $1.7 trillion in 2020, a 15% increase from two years earlier.

Read more: https://www.emeriobanque.com/news/global-trade-finance-gap-enlarged-to-1-7-trillion-in-2020

#tradeFinanceGaps #GlobalTradeFinance #SMEs #globaleconomy #tradefinanceservices

Trade Finance & SMEs - Reasons Why SMEs Opt For Trade Finance

Small & medium-sized enterprises ie. SMEs have long been considered one of the key drivers for economic growth along with an exceptional ability to fuel employment in a country.

Read more: https://www.emeriobanque.com/blogs/trade-finance-and-smes-reasons-why-smes-opt-for-trade-finance

#globaleconomy #globaltradedevelopment #internationaltradetransactions #globaltradefinance #internationaltradefinanceproviders