Tag: trade finance

Falcon Group’s boosted Australian presence is covered by the specialist press

With established offices in Sydney and Perth, Falcon Group has appointed three Business Development Directors to cover its expanding trade and corporate finance business across Australia. The new directors which include Chris Seneviratne, Ben Lacey, and Ray Buxton, together collate over 60 years’ of trade finance experience, and will serve mid-cap to large local businesses …

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Digitalisation a “sleeping giant”: Commerzbank’s Angela Koll cited on the future of trade finance in TMI Magazine

Where’s next for the digitalisation of trade finance? Angela Koll, Commerzbank’s Specialist Trade & Supply Chain Finance, shares her thoughts in the latest edition of TMI Magazine, but warns that innovation in the industry could take time to spread. Find out more in “Waking the Sleeping Giant? The Potential for Trade Finance Transformation“.

UniCredit’s Raphael Barisaac in TXF on the importance of SMEs in driving the digital trade finance revolution

Whilst large and multi-national corporates may get all the attention when it comes to innovation in digital trade finance, Raphael Barisaac, Global Co-Head of Trade Finance at UniCredit, explains how small and medium-sized enterprises (SMEs) not only stand to benefit from digital trade finance tools, but are ideally placed to help drive wider adoption. Banks …

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In Trade Arabia, BNY Mellon’s Bana Akkad Azhari discusses how fintech can drive financial sector growth in the Middle East

  Technological innovation is changing the face of finance. In recent years fintech investment has reached new highs across the North America, Asia, and Europe. Now, fintech is gaining recognition across the Middle East – bringing with it the promise of enhanced efficiency, security and transparency. Moreover, banks in the region are propelling digital developments …

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Austria’s first BPO: Commerzbank’s landmark transaction covered by the specialist press

Commerzbank has reached a milestone in the digitalisation of the trade finance industry, having processed the first Bank Payment Obligation (BPO) deal in Austria. A BPO allows the automatic release of funds between banks based on the matching of electronic data. Companies are increasingly recognising the benefits of the trade instrument, which include faster communication …

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BNY Mellon’s Bana Akkad Azhari discusses how bank-fintech collaboration is creating opportunities for trade in the Middle East in Cash and Trade

Recent years have heralded a new, dynamic “fintech era”. Global investment in fintech has skyrocketed in recent years, yet, the vast majority of fintech investment originates from other regions, with the Middle East only accountable for 0.1% of the global total in 2016. However, fintech companies are increasingly looking at how new innovations can improve …

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Falcon Group’s Emma Clark explains how GCC corporates are achieving growth throughout tightening liquidity

In the second commentary article in a series for Financer Worldwide, Emma Clark, head of business development, UK and Europe at Falcon Group, discusses that as oil revenues continue suffer and bank liquidity dries throughout the GCC region, corporates will continue to seek alternative means of financing than traditional bank lending. Unhampered by the same regulatory …

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Broadening export horizons: Commerzbank’s Agnes Vargas explores Myanmar and Vietnam in The Asset

Vietnam’s economic development has been driven by its export-led industries, and Myanmar looks set to follow in its footsteps. In a feature for leading Asian finance magazine The Asset, Agnes Vargas, Regional Head of Greater China and ASEAN, explains that continued economic progress in both countries will depend on diversifying trade beyond their traditional partner China …

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Europe’s “Best Trade Bank”: Commerzbank builds its track record in TFR’s awards

Commerzbank has been recognised by leading specialist publication Trade & Forfaiting Review as the “Best Trade Bank in Europe”. The accolade is the latest in a series of successes for Commerzbank in the magazine’s “Excellence in Trade Awards“, having taken the German title in 2016. Commerzbank’s Alexandre Bessy, Vice President, Advisor Trade Services, takes home the prize.

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 …

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