News

  • 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...

  • 03.06.2020

    Cash Payments Fall 15% As Half Of The UK Transactions Are Made In Cashless

    The 21st century has taken digitization to its peak and advanced technology is better than ever before. The revolutionary smartphone technology has brought significant changes to our lifestyle. From payments to shopping, everything is perpetrated on smartphones. As a result, the UK economy is exp...

  • 02.06.2020

    Post Coronavirus, China Looks Set To Grow While The Rest Of The World Contracts

    The relation between the United States and China is on the verge of a break-off. Many analysts have provided hints on the emerging global landscape since the annual parliamentary meeting in China had come to an end. The week-long meetings concluded on sending powerful indications to its citizens ...

  • 01.06.2020

    Hong Kong: China-US tensions put Asia's financial hub at risk

    Hong Kong, discerned as one of the leading financial cores across the globe, is on the verge of doom because of the geopolitical conflict between the USA and China. According to experts, if the special trade privileges of Hong Kong stood rescinded, it would certainly wear away the city as a global f...

  • 28.05.2020

    CDC Group unveils record levels of trade finance to Africa and South Asia

    A UK impact investor and development finance institution has declared openly a record month for the trade guaranteed program. This program includes 350 transactions and $500 million guarantees for the month of March. It is an extension of a $100 million trade loan to one of the leading banks of ...

  • 14.05.2020

    World's Best Banks 2020: Asia-Pacific

    It almost goes without saying that the “AC” era (after Covid-19) that beckons at some point in the coming months will be resoundingly different from the sudden and extreme economic slump now unfolding. But even last year, banks in the Asia-Pacific region were wrestling with a range of challenges...

  • 12.05.2020

    DBS To Join Contour's Network As The First Singapore Bank

    DBS is set to be the first lender bank to join the contour’s network to provide its customers with a letter of credit (LOC) settlement. The contour’s network is actually a blockchain service from Corda. It is also known as the Corda Network and it can lessen the settlement period. The Corda Netw...

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