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 [...]
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 [...]
Excellent networking opportunity with 500 leading L/C experts from various sectors and 50 countries!
Excellent networking opportunity with 500 leading L/C and Bank Guarantee experts from various sectors and 50 countries!
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 …
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.
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 [...]
• 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 [...]
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 [...]
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. Click here to participate 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 new Standard Definitions for Techniques of Supply Chain Finance provide a master definition for Supply Chain Finance and its different techniques. Keen to learn more about Supply Chain Finance and our new terminology for this rapidly growing market? Here are six on-the-go answers to your frequently asked questions. What is Supply Chain Finance? Supply [...]
A step ahead in the common understanding of terminology and techniques in supply chain finance. A new set of definitions launched today will help address the global need for a common understanding of terminology, nomenclature and techniques related to supply chain finance. Unveiled during a dedicated panel discussion at an ICC Academy hosted Supply Chain [...]