Trade finance

ICC has announced plans to convene a major virtual conference following the spring meetings of its Global Banking Commission.

ICC, in collaboration with Fung Business Intelligence and supported by McKinsey & Company, has today launched a report outlining a new vision for the global trade finance ecosystem. 

ICC has published a major report setting out proposals to tackle the longstanding challenge of defining and setting common standards for sustainable trade and associated financing.  

ICC has today announced a number of new appointments to lead the work of its Banking Commission – the leading standard-setting body for international trade finance transactions. Lynn Ng of ING becomes new Commission Chair.

ICC, along with Boston Consulting Group (BCG) and Global Credit Data (GCD), has released its 2021 Trade Register report, confirming the impact of the COVID-19 pandemic on global trade finance default rates.  

ICC – along with partners Boston Consulting Group and Global Credit Data – has published interim findings from its Trade Register on the performance of short-term trade and supply chain finance assets from 2019 and 2020.

ICC has welcomed commitments made by the G7 and European Union as a “momentous step forward” to reaping the benefits of digitalisation in international trade transactions.

ICC and Finastra join forces to develop a financing marketplace for micro-, small-, and medium-sized enterprises.

ICC's Advisory Group on Trade Finance has called on G20 leaders to leverage trade finance to safeguard SMEs and power global recovery.

ICC has contributed to a new report by a consortium of multilateral development banks and trade research institutions, gauging the views of Sub-Saharan banks on the current response from multilateral development banks (MDBs) to maintain a well-functioning trade finance market.