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TRADE FINANCE NEWS TRENDS ADAM SMITH ASSOCIATES PVT. LTD.
Adam Smith Blog | June 27, 2017

Trade finance modernization turns towards blockchain

A study of European treasurers by working capital fintech C2FO finds that 75% are
focusing on investing in trade finance technology in 2017. Colin Sharp, senior vice-
president, EMEA at C2FO, says the shifting macroeconomic environment is pressuring
corporates to refocus their efforts on trade finance: “Treasurers are facing a lot of
uncertainty, both from the US and around Brexit. This is putting stress on the supply
chain, with demand increasing and decreasing. Treasures want the ability to use their
assets to make returns and give some certainty.

Source: https://www.euromoney.com/article/b12khnzp4pq9p5/trade-finance-modernization-turns-towards-blockchain

A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv
TRADE FINANCE NEWS TRENDS ADAM SMITH ASSOCIATES PVT. LTD.
Adam Smith Blog | June 27, 2017

ICC Academy unveils new e-course on digital trade finance and fintechs

The educational arm of the International Chamber of Commerce (ICC), the ICC Academy,
has launched an advanced-level e-course entitled “Digital Trade Finance and Fintechs.”
The curriculum is aimed at professionals working in banks, corporations, financial
institutions, insurance companies and financial technology (fintech) firms.

Source: https://iccwbo.org/media-wall/news-speeches/icc-academy-unveils-new-e-course-digital-trade-finance-fintechs/

A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv
TRADE FINANCE NEWS TRENDS ADAM SMITH ASSOCIATES PVT. LTD.
Adam Smith Blog | June 27, 2017

Targeting Seamless Trade Finance Operations

As Nigerians look forward to better days when the economy would have stabilised and
emerged from recession, integrated digital payments company, Interswitch Group, has
struck a deal with Misys, a leading provider of lending, treasury, trading and risk
management solutions to ease trade finance operations and improve service delivery as
far as local banks are concerned.

Source: https://www.thisdaylive.com/index.php/2017/06/22/targeting-seamless-trade-finance-operations/

A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv
TRADE FINANCE NEWS TRENDS ADAM SMITH ASSOCIATES PVT. LTD.
Adam Smith Blog | June 27, 2017

SBI cautious in India but looking to increase corporate lending in Europe

State Bank of India is trying to increase corporate lending in Europe. SBI Frankfurt, which
has the status of an independent bank in Europe, has traditionally lent for trade financing
but now wants to fund Indian business houses in Europe and European firms in India.

In the recent past, there has been a conscious shift in strategy to lend more to European
companies, according to an executive with SBI Frankfurt. Now nearly 50 per cent of the bank’s
non-trade finance business portfolio consists of syndicated loans to European companies. SBI
Frankfurt’s growth in business over the next few years would come from lending to European
firms, confirmed another bank executive.

Source: http://www.business-standard.com/article/finance/sbi-cautious-in-india-but-looking-to-increase-corporate-lending-in-
europe-117061700260_1.html

A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv
TRADE FINANCE NEWS TRENDS ADAM SMITH ASSOCIATES PVT. LTD.
Adam Smith Blog | June 27, 2017

Maersk now offering trade finance operation for customers

Danish liner company Maersk Line has expanded into the trade finance business by allowing
customers to finance their operations as long as they are shipping with Maersk.

The financing scheme works because Maersk has a rich trove of customer information from
which to base a decision on the customer’s creditworthiness, according to the Copenhagen-based
company. This enables companies to manage their shipping and finance needs with one provider,
rather than using one vendor for shipping and another vendor—normally a bank—for trade
finance, Maersk said.

Source: http://www.freshplaza.com/article/177338/Maersk-now-offering-trade-finance-operation-for-customers

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