Tag: Transaction Banking

Commerzbank recognised as Germany’s top commercial bank in International Banker magazine

Specialist finance publication International Banker has acknowledged Commerzbank as 2016’s “Commercial Bank of the Year, Germany”. The magazine notes that for the best part of a decade, banks in Western Europe have been facing challenges on several fronts: lending rates and earnings remain under pressure, nonperforming loans are mounting, and several countries continue to suffer slow …

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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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Commerzbank’s Christian Toben tests the economic waters in African Business magazine

In a feature for African Business magazine, the regional head of Africa at Commerzbank, Christian Toben, offers his perspective on the challenges facing Sub-Saharan African economies. After a “decade of considerable economic progress” countries across the region have been hit hard by weak commodity prices. Revenues from a host of key resources – from oil, coal and gas to …

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Commerzbank’s Ingrid Weisskopf outlines an exciting new payments initiative from SWIFT in Treasury & Risk magazine

In an article for corporate finance magazine, Treasury & Risk, Ingrid Weisskopf, head of cash products and advisory FI at Commerzbank, sets out the promise of SWIFT’s new global payments innovation (gpi) initiative for banks and companies alike. In her article, ‘Driving a New Standard in Cross-Border Payments’, Weisskopf explains that the smooth running of …

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Andrew England, iGTB, tells TFR that banks are sprucing up their legacy systems

In a 60 Second Interview with the October edition of TFR, iGTB’s Head of Strategy Andrew England says he sees the trade finance and cash management landscape broadening out as banks review whether they want to build or buy trade and cash solutions going forwards. Andrew talks about the challenges facing banks, having looked at …

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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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Commerzbank’s Angela Koll discusses the rise of the BPO in Treasury Today

In an interview with specialist financial publication, Treasury Today, Angela Koll, Vice President, Specialist Trade & Supply Chain Finance at Commerzbank, sets out the reasons why banks and companies are making ever greater use of the ‘Bank Payment Obligation’ (BPO). A BPO is a digitalised trade instrument that electronically matches data on trades, invoices and …

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Commerzbank’s first BPO transaction between China and Germany makes its mark on the specialist press

The Bank Payment Obligation (BPO) transaction covered the export of chemicals from China to Germany. The buyer, and Commerzbank’s client, was chemicals company TRIGON Chemie GmbH, based in Schlüchtern, near Frankfurt. The seller’s bank was the Industrial and Commercial Bank of China (ICBC) in Beijing. Transactions between the two were previously handled by documentary collection. …

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Commerzbank’s latest issue of FI.News explores the transformation of the banking landscape ahead of SIBOS 2016

Commerzbank has launched the latest issue of its newsletter, FI.News. The biannual publication offers a range of insights from the bank’s Financial Institutions experts, along with all the latest news, banking awards, people moves, and upcoming events. As the transaction banking world gears up for the 2016 SIBOS conference in Geneva, Dr Bernd Laber, Divisional …

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Commerzbank is ‘Best in transaction banking for the CEE region’ says the FT’s The Banker

Thanks to its unparalleled role in trade finance in the region, Commerzbank has been named ‘Best Bank in Central & Eastern Europe (CEE)’ in this year’s Transaction Banking Awards at the specialist magazine of the Financial Times, The Banker. Commerzbank’s ability to maintain strategic partnerships and its steadfast role in correspondent banking during times of increased international and regional …

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