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Digital improvements in the world of Trade finance continue at pace as our latest BCG "Pulse check on Trade finance" white paper summarises. Conducted in partnership with the International Chamber of Commerce - well worth a quick squizz. #trade #tradefinance #sustainability

📊 BCG’s new “𝐏𝐮𝐥𝐬𝐞 𝐂𝐡𝐞𝐜𝐤 𝐨𝐧 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞” whitepaper summarizes results from our recent survey of 200 leading trade finance practitioners from a range of global, regional, and local banks. Conducted in partnership with the International Chamber of Commerce (ICC), the results shed light on the opportunities, priorities, and challenges trade finance providers face today. In particular, we found that: 🌐 Although trade and supply chain finance are expected to grow, key players are facing significant challenges, most notably disrupted trade flows and margin erosion. ⚙️ Automation and efficiency are top priorities, and digital transformation is seen as essential for survival in the ever-evolving trade finance landscape. ⏱️ Banks are increasingly focused on fast transaction turnaround times and exceptional customer support to meet high customer expectations. 🌱 Momentum continues to grow for sustainability-linked trade services, with 70% of banks actively building out their offerings. 👏 Well done to the BCG author team: Sukand R., Ravi Hanspal, Nerijus Z., Vivek Batra. For additional insight into the challenges and opportunities facing trade finance providers, read the full whitepaper! #TradeFinance #BCG #DigitalTransformation #Sustainability #SupplyChain #BCGInsights #ICC #FinanceInnovation

#SNEC promises #green boost for European #trade ecosystem | Corporate #supplychains are facing logistic, #shipping and operational challenges while also under pressure from geopolitical tensions and natural disasters, as highlighted by trade leaders at the world’s leading #banks in Euromoney’s Trade Finance Survey 2024 | #treasury #transactionbanking #ESG ING http://spr.ly/6049U4Ymt

🏦 Lloyds Bank #trade insights: the new era of working capital management, a treasurer’s view In this time where businesses today are facing a landscape defined by uncertainty, resilience is key. In our latest #TRADEFINANCETALKS Magazine Issue 21, we featured Carter Hoffman’s article about Lloyds Bank Trade Insight report exploring supply chain #resiliency across the global market. 📖 Read the article and the latest Trade Finance Magazine by following the link in the comments section below ⬇️ 

At the start of 2024, 160 trade finance bankers shared their predictions for the year ahead, and their insights shaped our Benchmark Report. But did they get it right? Join our upcoming webinar on Monday 9th September, where industry experts—including Dominique Honore from Crédit Agricole CIB, Sean Edwards from ITFA, and Eric Li from Coalition Greenwich (a division of CRISIL)—will sit down with Demica's Chief Commercial Officer, Maurice Benisty, to discuss how the market has developed compared to those early predictions. Register here: https://lnkd.in/eMdjM3gu #tradefinance #workingcapital #supplychainfinance #tradetransformation

🔍𝐖𝐡𝐚𝐭 𝐬𝐞𝐭𝐬 𝐯𝐚𝐥𝐮𝐞𝐬-𝐛𝐚𝐬𝐞𝐝 𝐛𝐚𝐧𝐤𝐬 𝐚𝐩𝐚𝐫𝐭 𝐟𝐫𝐨𝐦 𝐫𝐞𝐠𝐮𝐥𝐚𝐫 𝐛𝐚𝐧𝐤𝐬? The key differences are reflected in the 𝟗 𝐁𝐞𝐬𝐭 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 that they employ in their business. These practices offer a blueprint for creating a sector-wide strategy focused on sustainability and social impact. The report "𝐁𝐞𝐬𝐭 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 𝐟𝐨𝐫 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐞𝐜𝐭𝐨𝐫," co-authored by the Global Alliance for Banking on Values and Nyenrode Business University is a 𝐦𝐮𝐬𝐭-𝐫𝐞𝐚𝐝 𝐟𝐨𝐫 𝐚𝐧𝐲𝐨𝐧𝐞 𝐜𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐛𝐚𝐧𝐤𝐢𝐧𝐠. 👉 Explore the report here: https://lnkd.in/e-tPc_Tc #BankingOnValues #CorporateResponsibility #ImpactBanking

From #technology and #innovation, to #ESG and the impact of regulation, European treasurers are adapting to a fast-changing landscape.   The EACT - European Association of Corporate Treasurers 2024 #Treasury Survey takes stock of the challenges and opportunities faced by European multinational corporations’ treasurers, offering valuable insight into trends, priorities and long-term goals.    Read more, including analysis from BNP Paribas experts: https://bnpp.lk/0L3AYb #Finance Aurelia Normand Wim Grosemans Steven Lenaerts Apoorva Dwivedi BNP Paribas Cash Management & Trade Solutions 

🧭 The trade finance industry is faced with growing demands for consumer-like, personalized interactions, efforts to digitalize the sector and an increasing need for reliable ESG data. To keep pace, ecosystem collaboration becomes vital. Iain MacLennan outlines why banks must upgrade their trade finance stack and tap into a robust ecosystem of services to stay competitive and relevant, as they prioritize embracing technological advancements and ESG practices that define the future of trade finance. Read more 🔎 https://okt.to/IlgLxP #tradefinance #ESGreporting #FinastraLending

Ahead of SIBOS 2024, #BCG is pleased to share its Pulse Check on Trade Finance in partnership with ICC, surveying c. 200 trade finance professionals to get their perspectives on what is happening in the market. 📈 Despite current headwinds, trade finance market is expected to grow. BCG’s Global Trade Model forecasts $62B trade and supply chain finance revenue pools for 2024, with 4.8% CAGR growth through to 2033. 🛳 Shifting trade flows, margin erosion, and effective of capital treatment continue to be the biggest threats 💻 Digital is key: virtually every bank surveyed is investing in digital transformation and automation. 💾 More and more banks are undergoing core platform modernisation to future proof their systems for these digital shifts, and 75% of respondents are now opting for vendor solutions. 💎 For the first time, service quality is as important to customers as price. Of the top 5 customer priorities, 3 are directly related to service quality and expertise. 🌳 We are continuing to see traction in sustainability. 85% of respondents have or are developing propositions around sustainable trade, but only 15% are commercially scaled. BCG on Financial Institutions International Chamber of Commerce Sukand R. Vivek Batra tomasch kubiak

Out of 400 structured products on sale across Europe today, 55 are focused on interest rates. Notably, there is a significant interest among French issuers in this space. One interesting trend is the rise of Issuer Callable products. These products allow issuers to provide fixed interest rates but with the option to call back the product if interest rates fall. For instance, Credit Agricole is offering a 10.7-year Issuer Callable product with a 4.25% yield, compared to a 4% yield on their standard paper. This raises an intriguing question: Is an additional 0.25% per annum attractive enough to take on the risk of having your investment called if interest rates decline? What are your thoughts on balancing higher yields with call risk in today's market?