News

  • 03.07.2020

    Emerio Banque SWIFT Code: EMEIGB22

    Authentic and secure transactions across nations. SWIFT CODE is a unique identifier that an account holder uses to identify the particular country, bank and branch of another account holder where the account is registered. In simple words, it is a form of bank identification. This internationa...

  • 01.07.2020

    How much of the $1.5trn trade finance gap can tech bridge?

    The $1.5 trillion trade finance gap has long cast a shadow over the market. This shadow looms not least because of its vast scale, but because of its disproportionate impact on emerging markets, SMEs, and women and minority-owned businesses. Over the years, banks have developed a toolkit of solu...

  • 24.06.2020

    Turkey faces threat of MSCI downgrade to ‘frontier’ market

    Turkey seems to be on a loose soil as far its economic ties are concerned. Following a series of measures taken by the country’s authorities, it could be demoted to “frontier” status by MSCI, one of the world’s most important providers of indices. According to sources, MSCI had announced ...

  • 23.06.2020

    Kofax Launches Global Trade Finance Solution – Digitally Transforming High Volume, Complex Document Processing

    While the world is reeling from the COVID-19 crisis, alongside the trade finance gap, the role of banks and other financial entities has become crucial for the aid of traders globally. Now, it is seen that banks and fintech companies are fully aware of their responsibility of supplying funds to ...

  • 17.06.2020

    Bank Guarantee vs. Letter of Credit: What's the Difference?

    It is often seen that people perceive both the Letter of credit and Bank guarantee through the lens of functionality. They have a preconceived notion that BG and Letter of credit are the tools to facilitate international trade through secure and timely payments. However, this is not an appt assessme...

  • 16.06.2020

    Government Loan Schemes Found To Be Working Effectively

    On 17th June, the HM treasury unveiled promising figures regarding the total value of the loans extended to the businesses stranded due to the COVID crisis. According to the released figure, £38.2 billion has been passed on through the banking and financial institution following the government loan...

  • 16.06.2020

    Non-bank Trade Finance Providers Look To Boost Market Share

    Amidst the COVID-19 crisis, when the entire supply chain is at the brink of complete mayhem, the emerging markets manufacturers, a key component of the supply chain, are also facing the brunt with ever diminishing demands. The diminishing state of the EM manufacturers started ahead of the coronav...

  • 08.06.2020

    Singapore: Sanctions Clauses And Trade Finance – Recent Further Guidance From The International Chamber Of Commerce

    Adhering to sanction laws can be a tough ask at times, the primary reason being the varied existence of sanctions. Beyond the set sanctions, which are imposed by the UNSC (United Nation Security Council), each nation has different sanction persons and even countries. Banks generally want to opera...

  • 05.06.2020

    Why FinTech Won’t Be Enough To Tackle The Trade Finance Gap

    The trade finance scenario has not been that promising off late. As per the ADB, there is a trade finance gap of 1.5 trillion dollars. This is a pressing issue that has affected the state of global traders head-on. When there is a problem in the trade finance world, it opens the gate for new form...

  • 04.06.2020

    UK Public Is Borrowing Less – But Economic Fears Could Reduce Spending

    Not everything that came along with the COVID 19 crisis was an affliction, at least for the UK public. The times that we are presently living in are in no way normal. The public activity that we are witnessing with context to expenditure is also not normal. When the interest rates are being reduc...

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How the Shipping Industry Responded To The Global Covid-19 Pandemic?

The sudden outbreak of the coronavirus caused chaos and panic across all over the world, led to a gl...

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Increasing Freight Costs Are Becoming A New Matter Of Concern For Global SMEs

The sudden outbreak of the Covid-19 hit hard in 2020 and left its tremendous impacts on the global e...

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