Trade finance allows companies to mitigate the risks associated with importing or exporting goods and services, permitting world trade to flow in a predictable and secure manner. Trade finance has been a key catalyst of the expansion of international trade in the past century, and bank-intermediated transactions now represent more than a third of world trade, equal to trillions of dollars each year.

3 04, 2018

ICC Banking Commission Annual Meeting seeks to navigate trade in a world of disruption

2019-01-08T11:58:36+01:00April 3rd, 2018|Banking, Global issues & trends, News|

The ICC Banking Commission’s Annual Meeting kicks off this week in Miami at a time of historic uncertainty for the international rules-based trading system.

21 03, 2018

Business alliance sheds light on trade-based money laundering, ‘least understood’ financial crime

2019-01-08T12:09:45+01:00March 21st, 2018|Banking, Global issues & trends, News|

It is estimated that hundreds of billions of US dollars pass through trade-based money laundering (TBML) schemes each year.

8 11, 2017

5 things you may have missed from the ICC Banking Commission’s 2017 Technical Meeting

2017-11-17T12:55:44+01:00November 8th, 2017|Banking, Global issues & trends, News|

For the first time in over 30 years, ICC Banking Commission’s 2017 Technical Meeting was held in London, gathering international experts and close to 250 delegates to discuss key issues affecting the trade finance industry. London, 8 November 2017 Discussions revealed wide consensus that geopolitical and economic forces influencing trade are greater than they [...]

24 05, 2017

ICC welcomes enhanced focus on trade finance in UN Financing for Development review

2017-05-29T15:11:06+01:00May 24th, 2017|Banking, News|

The International Chamber of Commerce (ICC) has welcomed official recognition of the estimated US$1.6 trillion trade financing gap in the United Nations’ (UN) annual Financing for Development (FfD) review. New York, 24 May 2017 In an intergovernmental text issued today, the UN underscores the importance of ensuring adequate and cost-effective trade financing for small [...]

22 05, 2017

Trade finance gap needs to be addressed by UN action, says ICC

2017-05-22T17:38:52+01:00May 22nd, 2017|Banking, News|

Short-term financing is an essential tool to support the small business growth and sustainability, yet a growing trade finance shortfall hurts companies and countries that need it the most. Paris, 22 May 2017 World trade relies heavily on reliable sources of financing—both long-term (for capital investments) and short-term. The latter—commonly referred to as “trade finance”—is [...]

15 05, 2017

12th Global Conference on Bank Guarantees

2017-04-21T10:16:40+01:00May 15th, 2017|

Meet and discuss with the world’s leading international experts: Claude Cagnoncle, France; Andrea Hauptmann, Austria; Gabriele Katz, Germany; Vincent O’Brien, UAE; Glenn Ransier, USA; Bob Ronai, Australia; Christina Seierup, Denmark; Don Smith, USA; Stephen Tricks, UK; Hugo Verschoren, Belgium; and many more …

3 04, 2017

ICC Banking Commission Annual Meeting

2017-01-12T17:47:00+01:00April 3rd, 2017|

The ICC Banking Commission meetings are the only events of their kind gathering 500+ banking executives and government officials from more than 65 countries to rethink the future of trade finance, encourage governments, regulatory bodies and G20 leaders to remove obstacles to trade finance, and stimulate economic growth and job creation.

19 10, 2016

Registration opens for ICC 2017 Banking Commission Annual Meeting, Jakarta

2016-11-25T12:26:39+01:00October 19th, 2016|Banking, News|

Experts and leading figures from the trade finance industry are set to discuss the trends, hurdles and prospects within the trade finance landscape at one of the most important events on the 2017 banking calendar; the International Chamber of Commerce (ICC) Banking Commission Annual Meeting. Registration is now open, for the Banking Commission’s flagship [...]

7 10, 2016

New survey findings worsening global shortage of trade finance

2016-11-18T11:45:34+01:00October 7th, 2016|Banking, News, Trade and Investment Policy|

• Growing number of banks concerned about ability to finance global trade • 60% of SME applications for trade finance rejected • Survey highlights acute shortages of trade finance in Africa Small- and medium-sized enterprises (SMEs) and African countries are suffering the most from a deepening global trade finance gap according to the ICC 2016 [...]

4 05, 2016

New WTO report on trade finance and SMEs welcomed by ICC

2016-11-16T11:49:58+01:00May 4th, 2016|Banking, News|

The International Chamber of Commerce (ICC) has welcomed a new World Trade Organization (WTO) report which examines the urgent need to address the trade finance gap for small- and medium-sized enterprises (SMEs). In the new publication "Trade Finance and SMEs: bridging the gaps in provision" released on 4 May 2016, WTO Director-General Roberto Azevedo calls [...]