UniCredit’s Thomas Dusch and Harald Schwendtner on trade finance in emerging markets in ICC Germany Magazine

Despite sluggish global trade, an increasing number of European corporates looking to expand their operations internationally is driving demand for trade finance. The best opportunities for growth are in high-potential emerging markets in Asia and Africa, yet volatility and risk, along with dense regulatory and compliance procedures, pose significant challenges.

In order to meet these challenges, UniCredit’s Thomas Dusch and Harald Schwendtner, Co-Heads of Global Transaction Banking Germany, explain in ICC Germany Magazine that European corporates will have to turn to traditional trade finance and working capital management techniques to mitigate the risks of unfamiliar counterparties and stabilise their supply chains. Elsewhere, corporates must lean on the local expertise of their banking partners to navigate the complex emerging-market regulatory environment.

To read the full article (in German language only), click here (page 38).

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