The countries of East Africa – led by Kenya and Ethiopia – need to integrate. In an article for Banker Africa, Commerzbank’s regional head argues that they can do so by investing in transport, energy and customs infrastructure.
Category: Economic Research
Commerzbank’s new video explains the significance of world trade and the important role the bank plays. Frank-Oliver Wolf, Head of CTS Sales Germany, outlines the bank’s global presence, and Enno-Burghard Weitzel, Head of CTS & FI Product Management Trade Services, shows how it is ushering in the new technologies that are revolutionising trade finance. Watch …
In an article for the latest edition of International Banker, Commerzbank’s Regional Head of Latin America, Thomas Krieger, offers his outlook on the Brazilian economy. He argues that, despite the country’s recent legacy of challenges, long-term prospects remain – based as they are on its trading potential.
Crown Agents Bank’s Albert Maasland cited in Global Risk Regulator on impact of Caribbean derisking
The Banker‘s Global Risk Regulator magazine has cited Albert Maasland, CEO of Crown Agents Bank, on the impact on the Caribbean of banks’ derisking. With the region having been “hurt disproportionately” by the withdrawal of correspondent banking services, Maasland notes that “Losing access to dollar payment capabilities for the commercial banking sector can be very, very difficult”.
The International Chamber of Commerce (ICC) Banking Commission has published the 2017 edition of its annual “Rethinking Trade and Finance” report, based on responses from banks across 98 countries. This year’s report singles out the imbalance of demand and supply in the global market, citing the approximate US$ 1.6 trillion of unmet demand. In addition, …