TRADE FINANCE

TRADE FINANCE, SUSTAINABLE FINANCE {icon-book}

Towards COP27: The financial sector as a key driver of change Towards COP27: The financial sector as a key driver of change

John W. H. Denton, Secretary General of the ICC explains why COP27 must deliver on climate finance and the vital role of the financial sector in achieving the Paris Agreement goals

Towards COP27: The financial sector as a key driver of change More

TRADE FINANCE, SUSTAINABLE FINANCE

Trade’s sustainability challenge Trade’s sustainability challenge

The majority of world trade is unsustainable, and where it is not, it is a symptom of under-development, says trade economist Rebecca Harding. She shares her methodology for a trade sustainablity score and demonstrates why trade policy needs to change

Trade’s sustainability challenge More

TRADE FINANCE & LENDING, SUSTAINABLE FINANCE

New rails for export finance? New rails for export finance?

Export credit agencies, governments, insurers, banks and contractors need to work together to make key net-zero projects happen, particularly in emerging markets

New rails for export finance? More

TRADE FINANCE

Trade finance funds – where next? Trade finance funds – where next?

Portfolio managers have been eyeing up trade finance funds with interest – particularly in today’s low interest rate yet yield hungry environment. What more can be done to educate investors on the asset class’s risk and rewards? flow’s Clarissa Dann reports on some of the key themes from two International Trade & Forfaiting Association panel discussions

Trade finance funds – where next? More

TRADE FINANCE, SUSTAINABLE FINANCE

Powering electric vehicles – the commodities impact Powering electric vehicles – the commodities impact

Electric vehicle sales are rising, and progress is underway in finding alternatives to fossil fuel-based vehicle propulsion. What does the transition to EVs mean for the minerals and metals used to reduce emissions, manufacture car batteries and develop fuel cell solutions? Clarissa Dann reports

Powering electric vehicles – the commodities impact More

TRADE FINANCE, MACRO AND MARKETS

Realising West Africa’s promise Realising West Africa’s promise

As the world looks to emerge from the corona virus pandemic but braces for further strains of the virus, how has West Africa been holding up? Better than many regions, is the answer – flow's Clarissa Dann takes a closer look at the economic uptick in Nigeria and Ghana

Realising West Africa’s promise More

TRADE FINANCE, SUSTAINABLE FINANCE

New face of trade New face of trade

Trade economist Rebecca Harding examines how Covid-induced patterns of shifting work and consumption have increased supply chain scrutiny and highlighted critical export flows

New face of trade More

TRADE FINANCE

What’s next for commodities? What’s next for commodities?

Commodities are bouncing back from their Covid-19 lows and some even talk of a supercycle. flow reports on longer term issues facing the industry, such as fraud, digitalisation and ESG transition discussed at the May 2021 TXF Virtual Commodity Finance Conference

What’s next for commodities? More

TRADE FINANCE, SUSTAINABLE FINANCE, MACRO AND MARKETS {icon-book}

Taiwan’s green energy revolution Taiwan’s green energy revolution

By attracting international corporates and financing with a partnership approach to offshore wind farms, Taiwan is driving renewable energy growth. flow’s Clarissa Dann provides an overview of two large, syndicated export credit agency deals

Taiwan’s green energy revolution More

TRADE FINANCE

Biden’s packed agenda Biden’s packed agenda

Now that President Biden and Vice President Harris are installed in the White House, what are their immediate priorities? flow´s Clarissa Dann takes a look at Deutsche Bank Research’s insights, along with other observations on stimulus, infrastructure and tax reform – and responses from the central bank

Biden’s packed agenda More

TRADE FINANCE

RCEP launches after eight years’ gestation RCEP launches after eight years’ gestation

Fifteen Asia-Pacific economies sign up to the Regional Comprehensive Economic Partnership (RCEP) Agreement in a move back towards multilateral trade and tariff reduction. flow's Clarissa Dann summarises what this means for trade

RCEP launches after eight years’ gestation More

TRADE FINANCE, EXPORT FINANCE {icon-book}

Building healthcare Building healthcare

Well before the advent of Covid-19, plans were under way for better healthcare infrastructure in Côte d’Ivoire to support GDP growth momentum. flow reports on a project to build hospitals and additional facilities in the towns of Aboisso and Adzopé

Building healthcare More

TRADE FINANCE {icon-book}

Across the Great Divide Across the Great Divide

Trade economist Dr Rebecca Harding reflects on the US Exim Bank’s annual spring conference compared with the ICC Banking Commission event in Beijing and notes how polarised attitudes to trade have become and that is businesses that trade and not governments

Across the Great Divide More

TRADE FINANCE {icon-book}

Many rivers to cross Many rivers to cross

As China’s role on the global stage expands, Bank of China’s Yunfei Liu talks to flow about the foundations needed to build bridges in international trade

Many rivers to cross More

TRADE FINANCE

More Rethinking global supply chains

Supply chain finance (SCF) industry experts gathered virtually for BCR’s 6th Annual Supply Chain Finance Summit to discuss how the industry is recovering from Covid-19 dislocation, embedding ESG into platforms and schemes, and progress on automation and digitalisation. Clarissa Dann reports

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TRADE FINANCE

Trade finance: A Practitioner’s Guide Trade finance: A Practitioner’s Guide

Legal frameworks and structures underpin trade finance markets and practice, and the right structures and the right documents can make the difference between trade being repaid – and not being repaid. flow shares details of an updated legal guide from Sullivan & Worcester UK LLP’s Geoffrey Wynne, A Practitioner’s Guide to Trade & Commodity Finance

Trade finance: A Practitioner’s Guide More

TRADE FINANCE

Non-payment insurance in renewables finance Non-payment insurance in renewables finance

While renewables financing is at an all-time high, the demands of the energy transition mean that more is needed. Deutsche Bank’s Sandra Primiero took part in a webinar hosted by infrastructure media and research specialists Proximo, discussing renewables finance and the role that non-payment insurance could play in driving the green revolution

Non-payment insurance in renewables finance More

TRADE FINANCE, SUSTAINABLE FINANCE

Sustainable finance – time for action Sustainable finance – time for action

Held just after COP26 in Glasgow, the final day of the Coriolis Technologies Future of Strategy week addressed the issue of transparency in global trade and what this means for sustainability. Dr Rebecca Harding shares some reflections from her “fireside chat” with Deutsche Bank’s Daniel Schmand

Sustainable finance – time for action More

TRADE FINANCE

Reporting payables finance in financial statements Reporting payables finance in financial statements

Deutsche Bank’s Christian Hausherr and Anil Walia explain why the latest financial reporting recommendation from the International Accounting Standards Board on supply chain finance disclosure is good for the industry

Reporting payables finance in financial statements More

TRADE FINANCE

Safeguarding supply chains Safeguarding supply chains

As the world grapples with the impact of its second year of Covid-19 resilience in global value chains can make or break a business and an entire industry. flow reports on discussion points at BCR’s 21st Annual Receivables Finance International Convention (RFiX21)

Safeguarding supply chains More

TRADE FINANCE, NATURAL RESOURCES {icon-book}

Net zero in the North Sea Net zero in the North Sea

As oil exploration and production companies restructure their operations to achieve net zero targets, ESG-aligned commodity finance is supporting them along the way. flow shares the experiences of Lundin Energy and Harbour Energy

Net zero in the North Sea More

TRADE FINANCE, SUSTAINABLE FINANCE

Sustainability and supply chains Sustainability and supply chains

While ESG principles and alignment start at home, they must carry through to supply chains, explain Deutsche Bank’s Anil Walia and Bjoern Goedecke in BCR’s World Supply Chain Finance Report 2021

Sustainability and supply chains More

SUSTAINABLE FINANCE, TRADE FINANCE, FLOW CASE STUDY

Baby steps Baby steps

When emerging economies build for the future, they need modern and efficient maternity care. flow reports on why the structured export financing of Argentina’s Hospital Provincial Nueva Maternidad Felipe Lucini was a turning point in sustainable finance

Baby steps More

TRADE FINANCE

It takes trade to tango It takes trade to tango

Having had its recovery interrupted in 2020, Latin America is looking good for 2021, having achieved some herd immunity with an anti-Covid vaccination push in late H2. Ivan Castano Freeman reports on the outlook for trade finance and lending

It takes trade to tango More

TRADE FINANCE

Trade rides the Covid-19 storm Trade rides the Covid-19 storm

Are corporate treasurers unhappy with the level of support they receive from banks? Can we expect trade to bounce back in the next 12 months? flow reports on these and other pressing issues featured at TXF’s Global Trade 2020 virtual conference

Trade rides the Covid-19 storm More

TRADE FINANCE

Redefining the supply chain finance landscape Redefining the supply chain finance landscape

As Covid-19 dislocates supply chains in Southeast Asia, corporates are turning to supply chain finance to maintain their liquidity. Chito Santiago of the Asset talks to Zandy Ip and Daniel Tan about how anchor buyers are supporting their suppliers

Redefining the supply chain finance landscape More

TRADE FINANCE {icon-book}

Trade and the virus Trade and the virus

As Covid-19 dislocates supply chains in Southeast Asia, corporates are turning to supply chain finance to maintain their liquidity. Chito Santiago of the Asset talks to Zandy Ip and Daniel Tan about how anchor buyers are supporting their suppliers

Trade and the virus More

TRADE FINANCE

Trade finance funds – where next? Trade finance funds – where next?

Portfolio managers have been eyeing up trade finance funds with interest – particularly in today’s low interest rate yet yield hungry environment. What more can be done to educate investors on the asset class’s risk and rewards? flow’s Clarissa Dann reports on some of the key themes from two International Trade & Forfaiting Association panel discussions

Trade finance funds – where next? More

TRADE FINANCE

Booming Bangladesh Booming Bangladesh

Bangladesh has bounced back from Covid-19 and, with its strong economic fundamentals, infrastructure improvements and digital vision, is growing trade flows and GDP. flow’s Clarissa Dann provides a deep dive into this rapidly evolving economy

Booming Bangladesh More

TRADE FINANCE AND LENDING, MACRO AND MARKETS

Commodities roller coaster continues Commodities roller coaster continues

The conflict in Ukraine, resurgent inflation and the drop in China’s building sector have all contributed to a volatile first half of 2022 for commodity prices. flow’s Clarissa Dann shares insights from Deutsche Bank Research on their outlook for the months ahead

Commodities roller coaster continues More

TRADE FINANCE, SUSTAINABLE FINANCE

Farewell to hydrocarbons Farewell to hydrocarbons

The Ukraine crisis has highlighted Europe’s dependence on Russia for gas while diverting attention from the wider issue of delivering on COP26 net zero pledges. Trade economist Rebecca Harding analyses the trade flows and explains how clean energy supply chains are also highly interconnected

Farewell to hydrocarbons More

TRADE FINANCE, SUSTAINABLE FINANCE

Driving ESG initiatives through sustainable finance Driving ESG initiatives through sustainable finance

Greening the supply chain is a trend to enhance competitiveness, says Deutsche Bank’s Rachel Chia, Head of Project Finance, Renewables (Asia Pacific) in a recent interview with The Asset’s Chito Santiago. flow shares her insights

Driving ESG initiatives through sustainable finance More

TRADE FINANCE, SUSTAINABLE FINANCE

Asia’s ESG balancing act Asia’s ESG balancing act

With Asia proving the most resilient component of the world’s economic engine during the pandemic, can it maintain trade-led growth that accommodates economic, social and governance (ESG) considerations? flow reviews GTR Asia’s recent virtual conference that considered this issue

Asia’s ESG balancing act More

TRADE FINANCE

New frontiers in US trade finance New frontiers in US trade finance

Christina Gnad took up the reins of Deutsche Bank’s Americas trade finance and lending business in August 2021. As the world gets back to business after the Covid-19 economic shock, she talks to trade journalist Ivan Castano Freeman about trade flows, scale, and repairing supply chains

New frontiers in US trade finance More

TRADE FINANCE, DOSSIER cOVID-19

Trade beyond Covid-19 Trade beyond Covid-19

As the world learns to live with Covid-19 and global trade flows pick themselves up again, will there be the cooperation needed to avert ongoing trade wars and support fragile supply chains? Rebecca Harding shares her findings

Trade beyond Covid-19 More

TRADE FINANCE

Ghana’s next-generation infrastructure Ghana’s next-generation infrastructure

Over the last decade, Deutsche Bank has arranged over €2bn of financing in Ghana across 20 transactions. The latest such deal – a €150m financing for two critical infrastructure projects in the Southern and Western regions of the country – was announced in February 2021. Clarissa Dann reports on a history of collaboration 

Ghana’s next-generation infrastructure More

TRADE FINANCE

Trade re-set? Trade re-set?

Independent economist Rebecca Harding shares three reasons why she believes trade will never be quite the same again

Trade re-set? More

TRADE FINANCE, EXPORT FINANCE {icon-book}

Is just time... out of time? Is just time... out of time?

As corporates revisit their supply chain exposures as a result of Covid-19, could just in time supply chains be replaced by planning ‘just in case’? Treasury specialist Helen Sanders reports on business continuity management strategies

Is just time... out of time? More

TRADE FINANCE, MACRO AND MARKETS

Covid-19 and commodities Covid-19 and commodities

Covid-19 has shaken up the world’s commodities sector although price volatility is no stranger to its participants. Reduced demand has seen falling prices, lack of investment, and logistics log jams. Clarissa Dann reviews the fundamentals

Covid-19 and commodities More

TRADE FINANCE {icon-book}

Sunset to sunrise Sunset to sunrise

Just because the oil majors are withdrawing from the North Sea, that doesn’t mean there is no extraction. Clarissa Dann looks at how reserve-based lending is supporting the smaller independent oil producers that are thriving in the region

Sunset to sunrise More

TRADE FINANCE {icon-book}

A new era for Indian energy A new era for Indian energy

With India’s energy consumption poised to grow at almost 5% annually over the next decade, Clarissa Dann talks to the leadership team at Nayara Energy about realising the potential of its systemically important oil refineries

A new era for Indian energy More

TRADE FINANCE

Deals on the ground Deals on the ground

From proprietary copper extraction technology to lighting up Egypt, flow takes a closer look at four of the Deutsche Bank deals that scooped best deal in the TFR Deals of 2016 awards.

Deals on the ground More

TRADE FINANCE

Trade finance and the blockchain – three essential case studies Trade finance and the blockchain – three essential case studies

What do exports of milk products to the Seychelles, Japanese machinery to Australia, and flowers to Kenya have in common? They were supported by trade finance completed on the blockchain. flow’s Clarissa Dann explains their significance for trade and the outlook for 2018

Trade finance and the blockchain – three essential case studies More

TRADE FINANCE, TECHNOLOGY

Sibos – unwrapped (Part 3) Sibos – unwrapped (Part 3)

In the final instalment of Deutsche Bank’s post-Sibos reports, flow’s Editor Clarissa Dann turns to trade finance – a resurgent theme in 2022. Digitalising trade finance has moved from “wait and see” to “let’s get this done”. But the balance of regulatory impulsion and industry steering remains unclear

Sibos – unwrapped (Part 3) More

TRADE FINANCE, SUSTAINABLE FINANCE {icon-book}

Transforming Ghana’s railway infrastructure Transforming Ghana’s railway infrastructure

In many developing economies, growth relies on cross-border trade aided by robust logistics infrastructure. flow’s Clarissa Dann looks at a remarkable collaboration between international banks and export credit agencies to help Ghana improve its rail network and remove freight and passengers from the roads

Transforming Ghana’s railway infrastructure More

TRADE FINANCE AND LENDING, MACRO AND MARKETS

Why it’s time for a new look at rare earths Why it’s time for a new look at rare earths

Greater diversity of rare earth metals (REM) supply is essential if the world is to address the dominance of producers such as China and Russia, suggests Dr Rebecca Harding

Why it’s time for a new look at rare earths More

TRADE FINANCE, MACRO AND MARKETS

Ukraine on the brink Ukraine on the brink

Tensions between Russia and Ukraine having exploded into full-blown war, what are the repercussions for Russian oil and gas exports that escaped the EU and G7 sanctions deep freeze, and the wider risks to neighbouring economies? flow’s Clarissa Dann shares the insights from Deutsche Bank Research

Ukraine on the brink More

TRADE FINANCE, MACRO AND MARKETS

Transition metals: in the fast lane? Transition metals: in the fast lane?

As the automobile industry shifts up a gear on accelerating average selling prices and electrification, what does this mean for transition metals? In the second article drawing on Deutsche Bank Research’s January 2022 Commodities Outlook Clarissa Dann reports on a copper supply tipping point and what this means for inflation

Transition metals: in the fast lane? More

TRADE FINANCE, DOSSIER COVID-19

Dealing with supply chain disruptions Dealing with supply chain disruptions

Supply chain disruptions are currently the main source of concern for corporate treasurers, research by Economist Impact shows

Dealing with supply chain disruptions More

TRADE FINANCE

More Export credit insurance in crises

With Covid-19 having created the most wide-reaching dislocation of trade and supply chains since the global financial crisis, the role of export credit insurance is again under the spotlight. Vinco David and Jonathan Skovbro Steenberg of the Berne Union explain how their members have been increasing support for exporters and their financiers

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TRADE FINANCE, MACRO AND MARKETS

Greening the supercycle Greening the supercycle

Are we heading for another commodities supercycle? One could be forgiven for thinking this was just around the corner given some of the bounce-backs in prices, but ESG priorities and liquidity shortfalls bring different nuances, flow’s Clarissa Dann reports

Greening the supercycle More

TRADE FINANCE

Financing trade’s recovery Financing trade’s recovery

While Covid-19 has shaken trade and trade finance, the industry has the essentials to ride out the storm. The key is to build on momentum gathered since the outbreak and build out the framework for the industry’s long-term digital evolution, explains Deutsche Bank’s Russell Brown

Financing trade’s recovery More

TRADE FINANCE {icon-book}

Merchants of peace Merchants of peace

Celebrating a century of keeping the peace through supporting international trade, International Chamber of Commerce has a new Finance for Development Hub for tackling modern impediments to financial inclusion and trade facilitation. David Meynell reports

Merchants of peace More

TRADE FINANCE

After the perfect storm After the perfect storm

flow reports on how a seven-year reserve-based lending solution positioned oil producer Noreco for growth in a two-year turnaround journey

After the perfect storm More

TRADE FINANCE, TECHNOLOGY

Trade and the blockchain – where are we now? Trade and the blockchain – where are we now?

What common thread links shipments of dairy products to China, wheat from the United States (US) to Indonesia and sugar cane from Asia to Africa? They were all supported by trade finance completed via blockchain. flow ’s Clarissa Dann provides an update on this technology’s journey towards mainstream adoption

Trade and the blockchain – where are we now? More

TRADE FINANCE

Journey into simplicity Journey into simplicity

How will India’s meet its US$5trn GDP target in the next five years? And what role will financiers, government reform and technology have in making this happen? Clarissa Dann reports on GTR’s one-day conference in Mumbai

Journey into simplicity More

TRADE FINANCE, MACRO AND MARKETS

Syntagma Square synergies in trade Syntagma Square synergies in trade

With more than 300 delegates from more than 145 nations gathered in Greece at the EBRD’s Trade Facilitation Programme Trade Finance (TFP) Forum 2019, it was clear that 20 years after the TFP’s foundation, countries lacking in correspondent banking lines need this trade leg-up more than ever. Clarissa Dann reports from Athens

Syntagma Square synergies in trade More

TRADE FINANCE {icon-book}

Saving trade Saving trade

As the Covid-19 pandemic wreaks havoc on economies and communities – and ultimately global trade, what is the impact on trade finance and supply chains? Geoffrey Wynne explains

Saving trade More

TRADE FINANCE, MACRO AND MARKETS {icon-book}

Germany’s lockdown lending Germany’s lockdown lending

flow talks to KfW’s Ingrid Hengster, who provides insights into the development bank’s partnership with the Germany government and commercial banking sector to support German businesses

Germany’s lockdown lending More

TRADE FINANCE {icon-book}

Call for capacity Call for capacity

Trade finance shortages remain a barrier to developing world economic growth, as the gap between the perception and actual level of transaction risk widens. Tackling this is an ongoing priority, says the WTO’s Marc Auboin

Call for capacity More

TRADE FINANCE {icon-book}

Market makeover Market makeover

Thanks to some transformational lending, Ghana’s Kumasi Market is undergoing a makeover that is set to transform the Ashanti economy and all it touches. flow tells the story of a project involving three governments, a Brazilian contractor and Deutsche Bank’s Structured Trade & Export Finance team

Market makeover More

TRADE FINANCE

Farewell to trade barriers? Farewell to trade barriers?

At the close of an extraordinary year, eyes are on growth forecasts for 2021 as economies climb out of Covid-19. But for these to materialise, trade needs to move back towards multilateralism, explains Dr Rebecca Harding

Farewell to trade barriers? More

TRADE FINANCE {icon-book}

Under the rainbow Under the rainbow

Floods, political upheaval and investor caution have created infrastructure shortfalls in much of Latin America. Ivan Castano Freeman reviews project progress, re-routed trade flows, and opportunities for banks and export credit agencies

Under the rainbow More

TRADE FINANCE

A new philosophy for re-building global trade A new philosophy for re-building global trade

Global value chains play a central role in the functioning of the global economy – fostering job creation, prosperity, innovation and investment. But how can they meet the challenges of a post-pandemic world? flow reports from the ICC International Trade and Prosperity Week

A new philosophy for re-building global trade More

TRADE FINANCE

Road to trade finance digitalisation Road to trade finance digitalisation

Why is it taking so long to digitalise trade finance? While the rubber stamp underpins all documentary credits and while courts will only accept paper in trade finance disputes, it’s hard to move forward

Road to trade finance digitalisation More

TRADE FINANCE

Beyond the invoice Beyond the invoice

Supply chain finance is growing at 20% a year, with around US$2tn in payables available for financing. But how can this be made safer and more sustainable – and accessible to SMEs? flow reports on key themes at BCR’s 4th Supply Chain Finance Summit in Amsterdam

Beyond the invoice More

SHANDONG QINGYUAN, TRADE FINANCE {icon-book}

A refined approach A refined approach

Were it not for China’s economic reforms, Ma Zhi Qing would still be running a farm. Today he leads a multi-billion-dollar petrochemical corporate. Clarissa Dann visited the team to hear more about Shandong Qingyuan’s growth story

A refined approach More

TRADE FINANCE, FLOW CASE STUDIES

Sustainable latex from Cameroon Sustainable latex from Cameroon

Allegations related to environmental and social issues in Halcyon Agri’s Cameroon rubber plantations attracted headlines until they were addressed through its Corrie MacColl subsidiary. flow´s Clarissa Dann reports on how sustainable finance helps the firm set

Sustainable latex from Cameroon More

TRADE FINANCE

Blue-sky thinking Blue-sky thinking

How can China maintain the war on smog yet ensure steady supplies of home-produced aluminium? flow’s Clarissa Dann investigates how prepayment finance supported Qiya in honing its low-cost, reduced-emissions technology

Blue-sky thinking More

TRADE FINANCE

Back from the brink Back from the brink

As the International Trade & Forfaiting Association met in Budapest for its 46th Annual Conference, flow reports on how heads of trade agree that in times of economic stress, flight to trade finance instruments of trust seems to be on the rise

Back from the brink More

TRADE FINANCE {icon-book}

Frontline economics Frontline economics

In an environment where banking products are becoming increasingly commoditised, providers seek to differentiate their offerings with outstanding client experience. But in a world of self-service and chatbots, how does the personal touch play out? Stefan Hoops shares his perspective

Frontline economics More

TRADE FINANCE, CASH MANAGEMENT

Bumpy road or motorway? Bumpy road or motorway?

After LIBOR, digitalisation and future proofing were among the “trends to shape a new decade” discussed by delegates at the 2020 BAFT Global Annual Meeting in Frankfurt

Bumpy road or motorway? More

TRADE FINANCE

Why trade gets paid Why trade gets paid

In light of recent restructurings and regulatory developments, the title of this article is perhaps more optimistic than the result may be. However, some guidance as to how to approach the issues in receivables financings may help to improve the position of the debt holder.

Why trade gets paid More