GTR Magazine - March/April 2010
Deals: Asia lucks out on deals
Deals closed in China, Indonesia, India, Philippines and even Mongolia are dominating GTR’s annual selection of winning deals from the trade, commodity and export finance markets. Asian success clearly demonstrates the region’s luck and resilience in times of crisis.
Coface expands underwriting model
Coface has refuted criticism over the retraction of its limits during the height of the financial crisis. The insurer is now set to review the way it assesses and prices risk in the future. Kevin Godier reports.
Factoring finds place in supply chain
Factoring gained popularity at the height of the financial crisis as a means of solving cashflow issues. Factors now hope their newly-expanded client base will stick with the product when recovery sets in, writes Helen Castell.
Logistical support for supply chain finance
As well as supporting physical supply chains, logistics companies are in a position to shore up the financial supply chain by providing banks with key data on goods in transit, as well as pumping in fresh liquidity. Liz Salecka reports.
Trade & cash convergence in Turkey
BNY Mellons' treasury services continued its thought leadership dialogue around the future of transaction banking in January in Istanbul.
Syria: Striding towards reform
This edition’s Mena Market View comes from Syria’s deputy prime minister for economic affairs, Abdullah al-Dardari.
He talks exclusively to GTR about the successful economic and social reforms of recent years, and how the next era of change will be an even tougher challenge.
Driving US exports
US Ex-Im chairman and president, Fred Hochberg, speaks to Shannon Manders about the bank’s recent accomplishments and President Obama’s goal of increasing US exports.
Supply chain finance maintains popularity in the US
US corporates are looking to supply chain finance to achieve better pricing, improve their cashflows and support their suppliers at home and overseas. Four US banks discuss how to meet such demands.
A new landscape for trade
Conditions for trade finance are to a certain extent normalising in Asia. But it is a new kind of ‘normal’, with structured trade finance products beginning to grow in popularity, says Ravi Saxena at Citi.
Demand soars for insurance in Asia
Demand for credit and political risk insurance (PRI) in the Asia markets is rising as the region’s economy improves. But commercial risk-taking appetite will have to increase to ensure recovery is sustainable, argues Kevin Godier.
Protecting FDI in South Africa
Could South Africa do more to protect foreign investment, asks Jojanneke Deelstra, legal counsel for debt recovery firm Omni Bridgeway.
Tullow takes stock
With Tullow Oil successfully securing its stake in Ugandan firm Heritage Oil, Nick Wadhams looks at how the company will finance its rapid expansion.
Troika builds up BRIC links
Russian bank Troika Dialog is looking to capitalise on trade flows between Russia and emerging markets.
