GTR eNews: August 23rd
GTR's weekly eNews brings you the latest from the global trade and trade finance industry, brought to you by GTR's award-winning editorial team. Subscribe to The GTR Bulletin LinkedIn Newsletter or receive updates directly to your inbox by subscribing here.
Top stories
Commodity trader loses appeal in Singapore LC fraud case
Fuel trader Winson Oil has failed to overturn a court ruling that it made false representations to Standard Chartered and OCBC when seeking payment for trades involving scandal-hit Hin Leong.
Trade Leaders Interview: Sekete Mokgehle, Nedbank CIB
Sekete Mokgehle is the co-head of Africa infrastructure finance at Nedbank CIB, where he is spearheading a newly launched business unit aimed at consolidating the bank’s focus on infrastructure financing in Sub-Saharan Africa.
Can Russia scale up barter trading to skirt sanctions?
Russia and its trading partners are mulling the use of a barter trade system to ease payment bottlenecks caused by US sanctions, yet experts warn Russian firms will likely be exposed to significant transaction risks.
Export Development Canada sees relationships as key in Asia push
Export Development Canada (EDC) is ramping up expansion in Asia as Canada seeks to arrest a long-term decline in its share of global exports.
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On the move
Other stories
Contributed articles
Digitise-to-distribute: How technology is expanding the scope of trade finance investors
Alternative investors are key contributors in bridging financing gaps and transforming industry dynamics. Santander CIB highlights the role of digitisation in attracting new entrants to trade finance.
Working together for working capital
Grace Howie of J.P. Morgan and Ashish Jain of Slope explain how J.P. Morgan’s debt facility and strategic investment support Slope on its rapid expansion.
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