Many may think the phrase “trade finance” is really just a euphemism for financial complexity. Yet the historically paper- and manually-intensive processes are giving way to modernisation and digitisation. Pay close attention to the changes.
Before the crisis trade was growing faster than GDP. Now it isn’t, buffeted by a dangerous mix of economic and political headwinds.
The information and communications technology sector is suffering a triple whammy from slower growth, thin profit margins and fierce competition, claims Atradius.
The South Korean former container shipping giant has raised only a fraction of the amount needed since its bankruptcy nearly a year ago.
Businesses must have a broad investment portfolio and a range of trading relationships to survive in today's volatile economic climate.
Despite the country’s latest financial bailout, the outlook for Greek corporates over the next year is no better than mixed according to trade credit insurer Atradius.
Late payments were experienced by 64% of companies in 2016, a recent Coface report found.
Global trade finance demand dramatically outpaces supply by an estimated USD$1.6trn a year.
Multinationals suffered the lowest currency losses since 2014, but currency volatility remains higher than 2013 and 2014.
US Treasury Secretary Steve Mnuchin said on Thursday that he was confident Congress would raise the federal debt limit.