The digital transformation of trade calls for a new way of thinking, affecting both market conventions and classifications, writes David Hennah, Head of Trade & Supply Chain Finance at Finastra.
ICC Global Survey on Trade Finance
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The International Chamber of Commerce (ICC) 10th annual Global Survey shows that 60% of banks are moving towards greater digitalisation, though only 9% say technology solutions have so far increased efficiency.
It’s once again that special season, where banks from around the world voice their experience and expertise in the ICC Banking Commission flagship trade finance survey.
The International Chamber of Commerce (ICC) Banking Commission has released its 2017 report entitled Rethinking Trade and Finance. Based on the Global Survey on Trade Finance – with 255 responses from banks located in 98 countries, as well as insight and commentary from expert contributors – the report is the most comprehensive gauge of the trends and outlook of the global trade finance industry.
The International Chamber of Commerce (ICC) Banking Commission has released the questionnaire designed to gather data for its flagship annual trade finance report—urging banks globally to participate before the 20 April deadline.
On 29 September, the ICC Banking Commission released the 2015 edition of the ICC Global Survey on Trade and Finance in partnership with Dubai Chamber and ICC Regional Banking Commission Middle East and North Africa (MENA).
The International Chamber of Commerce (ICC) Banking Commission has released the results from its 2015 Global Survey on trade finance – highlighting the impact of the trade finance gap on SMEs, the impact of regulation on correspondent banking, as well as positive trade finance trends, particularly with regards to export finance.