GTR eNews: October 28th
Global Trade Review (GTR)
The world’s leading trade finance media company, providing news, events and services for the trade finance industry.
GTR's weekly eNews brings you the latest from the global trade and trade finance industry, brought to you by GTR's award-winning editorial team. Subscribe to?The GTR Bulletin?LinkedIn Newsletter or receive updates directly to your inbox by subscribing here.
Top stories
Danish ECA secures funding boost in Ukraine
Denmark’s export credit agency is gearing up to sign several “large” transactions in Ukraine after securing a significant funding injection from the Danish state to support Kyiv’s rebuild efforts.
UAE bank seeks to liquidate Rasmala Trade Finance Fund
Dubai Islamic Bank has launched a bid to liquidate a trade finance fund managed by Rasmala Investment Bank, saying it has lost “trust and confidence” in the management of the investment vehicle.
For the first time, ICC defines sustainable trade finance
The International Chamber of Commerce has launched a set of principles to help banks and their clients classify trade finance transactions as sustainable.
FCI partners with MonetaGo to fight invoice finance fraud
FCI has signed a partnership with MonetaGo that aims to tackle fraud in the receivables finance and factoring market by expanding the use of invoice registry tools, GTR can reveal.
Features of the week
Corporate Q&A: “Trade finance costs are something that could be looked at”
CFAO Group is at the coalface of the financing challenges faced by importers and exporters. GTR speaks to Yinka Ogunnubi, the company’s group treasury manager.
Corporate Q&A: “ECAs have become a lot more flexible”
GTR speaks with Innovo’s structured finance director Madiha Aslam about the company’s relationships with export credit agencies and the evolving export finance landscape.
On the move
Other stories
Contributed articles
The resurgence of standby letters of credit in international trade
Low default rates, increased flexibility, technological advancements and evolving regulations are fuelling the adoption of SBLCs, writes Gyanendra Prasad, senior trade manager at BNP Paribas.
Country report: Egypt
The team at AAIB provides insights into Egypt’s rapidly evolving trade landscape that is driven by strategic shifts and innovative solutions.
Country report: Qatar
The team at QNB explores Qatar’s market dynamics, trade finance opportunities and challenges, providing an overview of its economic landscape.
Country report: Saudi Arabia
As outlined by the team at Riyad Bank, the shift from oil dependency is marked by substantial investments in infrastructure, technology and regulatory reforms, enhancing trade.
Upcoming events
Upcoming Partner Events