The ICC Banking Commission is once again calling trade finance professionals for their input and insights in support of the ICC Global Trade Finance Survey 2016 edition. 

 

 

The more robust and high-quality the data submitted by each contributor, the stronger and more valuable the resulting report will be in reflecting the state of our industry and in articulating major trends and developments shaping the future of our business.

We strongly believe that the creation of sustained value and trajectory growth from this project is far reaching not only in key international fore but to all relevant financial institutions, corporations and their clients in the business world.

The ICC Global Surveys came into existence when the World Trade Organization (WTO) asked ICC to provide data for the G-20 meeting of world leaders at their first economic Summit, held in 2008.

From 2009, with contributions from its partners and under the direction of the Market Intelligence Working Group, the surveys have provided leaders with independent, accurate and in-depth analysis of trends in trade finance to keep them at the forefront of industry knowledge.

Together, let’s rethink trade and finance.

 

 

 

Download the latest Report published Click here

ICC Global Survey 2015 Now Available

Our Influence

To respond to financial crises, institutions and policy makers need to focus on improving market intelligence so that future financial decisions can be based on solid evidence. The surveys provide that intelligence.

  • They collect feedback on the timing and the calibration of reforms, helping policy makers to achieve the right balance between stability and growth. The information was used to formulate coordinated and targeted measures to stimulate trade finance markets and to prioritize the direction of available support.
  • In their comprehensiveness, the Surveys include full industry representation and coverage. The 2015 edition received responses from representatives of 482 respondent banks in 112 countries ‒ a 60% increase over the previous Survey.

Expanding Our Reach

ICC Global Survey 2015 Respondents

In the coming years, the Banking Commission will continue to respond to the growing changes and challenges of the wider corporate banking industry, specifically in the area of new regulations and market opportunities. In particular, the ICC Banking Commission is aiming at leveraging its current stature as the world’s leading trade finance industry representative group to become the foremost corporate banking industry group by extending beyond rules setting to being an effective provider of leading market intelligence.

The International Chamber of Commerce’s Banking Commission decided to provide a timely analysis of patterns of trade finance in finance in markets worldwide and aiming for more partners and geographic reach. The increase in the number of countries participating allows us to provide a more diverse view of the global position regarding trade finance activity and constraints.

The ICC Global Survey contains key metrics and analysis that will enhance our understanding of trade finance markets worldwide.

Purpose

The Surveys help us gain an accurate snapshot of the trends evolving over time and to gauge future expectations for global trade and traditional trade finance activities, including changes attributable to the additional funding and risk mitigation activities of the development banks, export credit agencies and the World Bank.

This information can then be used to formulate coordinated and targeted measures to stimulate trade finance markets and to prioritize the direction of available support via innovative communication channels and creating speedy cost-effective supply chain of vital information.

We are pleased to note that participation in ICC Surveys continues to gain wide recognition in the industry, and the Survey contents clearly remain at the forefront in providing key information on trade finance, thereby significantly bridging the information gap.

Our Partners

ICC Global Survey 2015 Partners

  • Asian Development Bank (ADB)
  • Bankers’ Association for Finance and Trade (BAFT)
  • Berne Union
  • European Bank for Reconstruction and Development (EBRD)
  • Factors Chain International
  • Florida International Bankers Association (FIBA)
  • ICC Academy
  • Inter-American Development Bank (IDB)
  • International Finance Corporation (IFC)
  • International Monetary Fund (IMF)
  • International Trade Centre (ITC)
  • International Islamic Trade Finance Corporation (ITFC)
  • Society for Worldwide Interbank Financial Telecommunications (SWIFT)
  • Trade and Export Finance (TXF)
  • World Bank
  • World Trade Organization (WTO)