Trade finance

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade.

Description

While a seller (or exporter) can require the purchaser (an importer) to prepay for goods shipped, the purchaser (importer) may wish to reduce risk by requiring the seller to document the goods that have been shipped. Banks may assist by providing various forms of support. For example, the importer's bank may provide a letter of credit to the exporter (or the exporter's bank) providing for payment upon presentation of certain documents, such as a bill of lading. The exporter's bank may make a loan (by advancing funds) to the exporter on the basis of the export contract.

Other forms of trade finance can include Documentary Collection, Trade Credit Insurance, Factoring or forfaiting. Some forms are specifically designed to supplement traditional financing.

Latest News for: Strategic trade finance

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Emirates NBD and Etihad Credit Insurance sign agreement to ease bank's businesses access to trade finance

Gulf News 18 Apr 2021
As strategic contributors to the UAE economy, Emirates NBD’s partnership with ECI builds on our long-term commitment to deliver robust financing facilities and support to UAE businesses to boost their trade competitiveness and overall confidence,” said Ahmed Al Qassim....
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ENBD, ECI in pact to improve exporters’ liquidity

Gulf Daily News 18 Apr 2021
As strategic contributors to the UAE economy, Emirates NBD’s partnership with ECI builds on our long-term commitment to deliver robust financing facilities and support to UAE businesses to boost their trade competitiveness and overall confidence.” – TradeArabia News Service....
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Emirates NBD, Etihad Credit Insurance sign agreement to ease bank's businesses access to trade finance

Urdu Point 18 Apr 2021
More than 80 per cent of world trade relies on trade finance, mostly of a short-term nature ... As strategic contributors to the UAE economy, Emirates NBD’s partnership with ECI builds on our long-term commitment to deliver robust financing facilities and support to UAE businesses to boost their trade competitiveness and overall confidence."....
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Government resolved to improve trade financing for business community in Ghana

Ghana Web 08 Apr 2021
Patrick Yaw Nimo, Chief Director of the Ministry said, “the Ministry of Trade will collaborate with banks and other financial institutions to establish special financing windows for products of strategic sectors and special programs such as the 1D1F initiative and the Strategic Industries Initiative.”....
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'Africa will still trade with the world under AfCFTA'

Graphic 08 Apr 2021
The Implementation of the African Continental Free Trade Area (AfCFTA) agreement does not mean the continent will close itself in and trade among itself only, Director, Trade and Services at the AfCFTA Secretariat, Mrs Emily Mburu-Ndoria has said ... “Across these markets, a key strategic area of focus is the financing of cross-border trade....
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British MP calls out Tories’ ‘shameful silence’ on Sri Lanka

Tamil Guardian 08 Apr 2021
“Rather than financing this encroaching authoritarianism”, Webbe calls on the government to “consider applying strategic conditionalities to aid and trade where they will incentivise the government to respect human rights and the rule of law and not cause harm to the general population”....
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British Labour MP calls out Tories’ ‘shameful silence’ on Sri Lanka

Tamil Guardian 08 Apr 2021
“Rather than financing this encroaching authoritarianism”, Webbe calls on the government to “consider applying strategic conditionalities to aid and trade where they will incentivise the government to respect human rights and the rule of law and not cause harm to the general population”....
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We must rally behind AFCFTA if we want to see a successful Africa – Kwamina Asomaning

B & FT Online 07 Apr 2021
Across these markets, a key strategic area of focus is the financing of cross-border trade ... facilitating e-commerce by helping both large and small players purchase virtual goods and services on mobile devices and platforms in order to participate in expanding cross-border trade....
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1D1F: B5 Plus Ltd reveals huge investment in new pre-fabrication and manufacturing plant

Ghana Web 06 Apr 2021
Mr Thakwani spoke at a conference organized by the Ghana International Trade and Finance Conference (GITFIC) in partnership with the Association of Ghana Industries (AGI) to enhance a strategic relationship with the Private Sector and foster Economic Growth while harnessing the full benefit of the AfCFTA....
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Ghana government establishes special financing windows to support businesses in AfCFTA

Ghana Business News 31 Mar 2021
The Ministry of Trade and Industry will collaborate with financial institutions to establish Special Financing Windows for products of strategic sectors to harness the benefits of Africa Continental Free Trade Area (AfCFTA) ... access to finance as well as reduce the cost of credit....
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AfCTA Success: Government establishes special financing windows to support businesses

Ghana Web 31 Mar 2021
The Ministry of Trade and Industry will collaborate with financial institutions to establish Special Financing Windows for products of strategic sectors to harness the benefits of the Africa Continental Free Trade Area (AfCTA) ... to finance as well as reduce the cost of credit....
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We’re ready to support businesses benefit from AfCFTA – Stanbic Bank

Graphic 31 Mar 2021
... African Continental Free Trade Area (AfCFTA) ... He said a key strategic area of focus would be financing cross-border trade by supporting individuals and businesses to trade across borders to make economies sustainable and profitable to make a meaningful impact on people’s lives....
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Atea Pharmaceuticals Reports Full Year 2020 Financial Results and Provides Corporate Update

Tyler Morning Telegraph 30 Mar 2021
Not only did we act quickly to advance our lead product candidate AT-527 in response to the global pandemic, but we also signed a strategic partnership agreement with Roche, effected a significant crossover financing, and became a publicly traded company,” said Jean-Pierre ......
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