denotes premium content | Jan 9 2009 Trade & Forfaiting Review magazine archive
Volume 4 Issue 10
Features
All's not well...
Our Moscow mole claims that life's not great in Russia at the moment for banks as margins plummet and tenors grow. Here, he reveals all about the latest deals he has witnessed.
Black Sea ECA
After a year and a half of operations, the Black Sea Trade & Development Bank (BSTDB) has established itself as a regional export credit agency, with financial intermediaries in each of its member states and nine deals under its belt. This is only the beginning though, according to Steven Beck, Trade Finance Manager, based in Thessaloniki, Greece.
Bringing Bosnia back
A new insurance facility has recently been launched which aims to help Bosnia-Herzegovina's exporters win international contracts by providing working capital to support contract bonds or to help finance export contracts. Jo Everitt, Senior Broker at BPL Global in London, explains further.
Forfaiting fights on
Forfaiting has had a definite rough patch in the past few years. Deal origination is flourishing in some areas, but secondary trading has almost dried up. What’s the cause and is there light at the end of the tunnel? Rupert Sayer asks forfaiters their opinions.
Late payers are even later
This year's poll of 350 UK exporters by NCM provides quite a shock - the revelation that late payment legislation has had no impact on the way they conduct their business. Gary Hicks, Head of Public Affairs at NCM, explains more.
Serbia: back on the stage?
Serbia is posing a new challenge for the international financing community, according to WestLB’s Detlef Semberg, Managing Director and Head of Global Structured Finance/Export Finance and Michael Masberg, Director.
Sight LC or forfaiting: take your pick
There are two different ways of selling goods abroad: sales by sight LC and sales on forfaiting terms, according to Giovanni Castellucci, President of Castellucci & Partners Srl in Milan.
The troublesome twins keep spirits low
The LTP Trade Finance Index from LTP Risk Management offers its May and June performance updates. The market just can't get away from Turkey and Argentina's disruptive behaviour.
Turkey takes a battering
Turkey has been suffering a series of unsettling economic and political jitters that have caused ratings agencies to downgrade the sovereign and several of its banks. Mehemet Kuçel looks more deeply at what one ratings agency, Standard and Poor's, has been saying.
bolero.net: some cash and big names
It seems never ending: more big bank names sign up to the online trade community; another internet exchange hops aboard; a leading sugar company partners up; while in the background Bolero has raised a cool US$50 million in a first round of funding. Wang Fung-Lee finds out the latest.
data privacy: what's yours is mine, what's mine is my own?
The US and Europe are at odds over data protection. Is the safe harbour programme just any port in a storm? Robert Bond is head of the Innovation and Technology Law Group at Hobson Audley in London. He is also legal counsel to the Electronic Commerce Project of the International Chamber of Commerce.
e-payment solutions: meeting predicted growth
Some B2B e-payment solutions are striding forward with the growth of online exchanges and e-commerce. Alex Stonkus, President and Chief Operating Officer of Actrade Financial Technologies in New Jersey, explains what his company in particular has been up to.
internet solutions: trade's big bang is coming
Jay Shen, Co-founder and Chief Strategy Officer at myCustoms, looks at how the internet will revolutionise the global trade industry and how the myCustoms solution offers simpler and safer online export of goods.
interview: managing accounts receivables
eRevenue is an e-commerce software solutions provider to online marketplaces and financing providers. Using a web-centric capability, it strategically partners with Peregrine Systems to offer a global service for e-sellers and their funding sources to interact in a secure and proprietary environment. Specifically targeting e-marketplaces that sell on open account or documentary terms, eRevenue provides an invoice-specific platform for the comprehensive administration and funding of an accounts receivable portfolio. Steve Sliwa, eRevenue's President, talks to Ron Kissling, Managing Principal of The Pyramid Consortium
online trust: a safer message
SWIFT and Identrus have come together to launch a service to corporate customers that offers trusted messaging and certification services over the internet. Antonio Costa finds out more.
tradecard: logical growth
Online trade finance system TradeCard has sealed a deal with insurance firm Marsh that aims to give it an insurance edge. It has also enhanced its software and logistics capabilities through several partnerships. Rupert Sayer reports.
