Category: Trade Finance

GTR names BNY Mellon “Best Correspondent Bank” for the second time in a row

BNY Mellon has been officially crowned “Best Correspondent Bank” in this year’s Global Trade Review (GTR) “Leaders in Trade” awards. The award marks the second consecutive year that the bank has won the award since the category was introduced in 2017. Receiving the award on behalf of BNY Mellon at the GTR Awards ceremony last …

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East Africa needs to regionalise – Commerzbank’s Christian Toben writes for African Review

Ethiopia and Kenya are doing much to bring the region closer together, according to Commerzbank’s Regional Head of Africa. Read more on page 16 of the new issue.

Blockchain-based trade shifts up a gear: Commerzbank and Audi drive progress with the Batavia platform

Commerzbank has successfully executed its first pilot transactions for corporate clients, including Audi, with Batavia – the blockchain-based trade finance platform supported by IBM and other major banks. The transactions facilitated the export to Spain of cars from Germany and textiles from Austria. The news was covered in Global Trade Review, The Blockchain, Global Banking …

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Not just a “start-up nation” – Bank Leumi (UK)’s Michael Duval outlines Israel’s commercial potential in Global Trade Review

Michael Duval, the Bank’s Chief Business Officer, explains in a targeted article why companies are choosing Israel for their importing and exporting activity.

It’s here: Commerzbank’s latest issue of FI.News

The spring issue of Commerzbank’s interactive financial institutions newsletter is out now. It brings together all the major cash and trade finance updates in a range of exclusive articles and interviews. See how evolving technology can further transform the trade finance industry, prepare for important updates at SWIFT, get ready for the impact of new …

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ICC Banking Commission Annual Meeting: trade financiers raise concerns about mounting protectionism

The majority of trade financiers from across the globe see US protectionism as the biggest threat to global trade, but experts warn that there are other challenges of far greater concern. This was revealed at last week’s ICC Banking Commission annual meeting, during which 71% of members of the audience – made up of financial …

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BPL Global’s inaugural Market Insight report covered by the specialist press

Market capacity for credit and political risk insurance (CPRI) has grown by 30% since 2015 according to the first ever Market Insight report released by BPL Global, marking its 35th year as the leading CPRI broker. Based on market statistics and BPL Global’s own portfolio, the report provides an analysis of the CPRI market’s capabilities, …

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Deutsche Bank’s Flow reports on the 2018 World Supply Chain Finance Summit

How can payables finance reach its potential? How can it help to plug the trade finance gap – 74% of which is accounted for by small and medium-sized enterprises (SMEs) and mid-caps, and 40% of which originates in the Asia-Pacific region? And what role can new technologies play in the payables finance business? Bringing together leading professional from across …

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Commerzbank’s Angela Koll guides Treasury Today through the Marco Polo blockchain project

In an exclusive interview, Koll explains how the initiative stands to revolutionise commerce and offers an update on its progress.