Tag Archive: trade

What’s happened to FDI in Sub-Saharan Africa? Commerzbank’s Christian Toben explains in Banker Africa magazine

In an op-ed for Banker Africa magazine, Christian Toben, regional head of Africa at Commerzbank, sets out the challenges facing foreign direct investment (FDI) flows to the continent, and looks for ways to bring them back up to scratch. FDI has been vital to the growth of Sub-Saharan Africa’s economies. Inflows were promising over the last …

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Commerzbank’s Petra Burckhardt explores blockchain’s value in trade finance in Global Trade magazine

‘Blockchain’ may be the financial services industry’s mantra of choice at the moment, but how can the technology realistically be applied to trade finance? That is the question Petra Burckhardt, Commerzbank’s Global Head, Product Management Trade Services, asks in Global Trade magazine. In her article, ‘Evolution, Not Revolution’, Burckhardt notes that the technology may indeed enhance …

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Crown Agents Bank’s Duarte Pedreira cited on the impact of banks’ de-risking in MoneyWeb

Duarte Pedreira, head of trade finance at Crown Agents Bank Banks, offers his insights on the impact of banks’ de-risking efforts on trade finance in leading South African finance magazine, MoneyWeb. In the article, ‘Bank de-risking to affect foreign currency transactions, trade finance’, he explains that as international banks have become more risk-averse, in order to …

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ICC UK’s Sir Mike Rake discussing Brexit on the BBC Radio 4 Today Programme

Sir Mike Rake, Chair of ICC United Kingdom, appeared early this morning on BBC Radio 4’s Today Programme. Interviewed by presenters John Humphrys and Sarah Montague, Sir Mike was first questioned on broadband investment and connectivity, and proceeded to discuss the importance of transitional arrangements and being “intensely practical” while the UK negotiates trade agreements …

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CAB’s newly appointed Duarte Pedreira and Colin Westlake are leading the charge in emerging markets

Crown Agents Bank (CAB) has made two senior appointments as part of its strategy to become the leading trade and correspondent bank for emerging markets. The bank has appointed Duarte Pedreira as Head of Trade Finance to help invigorate a growing, bespoke trade finance service for emerging market clients, particularly in Africa and the Caribbean. Meanwhile, Colin Westlake has …

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ICC UK’s Chris Southworth discussing latest GDP figures and Brexit on Sky News

Earlier today, Chris Southworth, Secretary General of the International Chamber of Commerce (ICC) UK was interviewed on Sky News following the release of the latest UK GDP figures from the Office for National Statistics. The figures reveal that GDP grew by 0.5% in the three months to the end of September, down from the growth …

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Specialist press cover Deutsche Bank’s trade finance hire of David Herbert

  Deutsche Bank has made a significant hire to its Trade Finance London team. David Herbert rejoins Deutsche Bank after five years with Bank of America Merrill Lynch (BAML), where he latterly headed the Western European Trade Sales team. David has over 30 years banking experience and spent the majority of his career in a …

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Specialist press cover Commonwealth Enterprise and Investment Council and Ship Owners Association of Nigeria’s joint Maritime event

The Commonwealth Enterprise and Investment Council (CWEIC) and the Ship Owners Association of Nigeria’s (SOAN) joint event “The Future of the Maritime Industry in Nigeria” at Marlborough House on 28th September was featured in All About Shipping, Hellenic Shipping News, Oil, Gas and Shipping Magazine, Marine Link, This Day and Marine Network. Investors, business leaders …

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ICC UK on CNBC discussing why businesses are concerned about Brexit

Early yesterday morning ICC United Kingdom’s Secretary General, Chris Southworth, appeared on CNBC’s Squawk Box Europe, explaining why British businesses are concerned about Brexit. In particular, Southworth explains how a miscommunication from government is of particular concern to businesses planning ahead. On a positive note, he comments that the Department for International Trade has already …

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iGTB’s Anand Pande cited in Trade & Forfaiting Review discussing world trade and the trend for de-risking

Anand Pande, Senior Adviser in Banking at iGTB and founder of the Growth Paradigm Partnership has been cited in Trade & Forfaiting Review in an editor’s piece on world trade and issues around de-risking and reduced correspondent banking networks. In a section of the article discussing widespread concerns that the world was shrinking away from …

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