One year ago, FCI members gathered in Ho Chi Minh City, Vietnam, at FCI’s Annual Conference. Reflecting back, the 2018 factoring volumes stood at 2.7tn euros. For 2019, the volumes increased once again, by just over 5% YoY, at 2.9tn euros.
What were the biggest challenges to the industry in 2019? 2019 saw extreme economic and political volatility, the rise in nationalism and protectionism, and of course, this led to a general slowdown in global trade.
This was all before the coronavirus pandemic. Fast forwarding 12 months, the geopolitical and macroeconomic factors continued, even heightened, coupled with the crippling effects of the Covid-19 crisis.
The Receivables finance industry now plays a critical role in recovery and the turn towards eventual growth in global trade, particularly by continuing to finance SMEs during this challenging period. TFG’s Deepesh Patel caught up with FCI’s Chairman, Mr. Patrick de Villepin, and FCI Vice Chairman, Mrs. Daniela Bonzanini, joining virtually at the FCI Annual Conference.
In this podcast we heard from FCI on:
Full transcript here: https://www.tradefinanceglobal.com/posts/podcast-s1-e53-fci-views-from-the-board-factoring-and-receivables/
The LIBOR transition and trade finance
Sustainable Trade Finance
Enigio - Bring back paper documents! Is the document the missing part of digital trade puzzl
Barclays - Can green bonds and indemnities reduce environmental impact?
Standby Letters of Credit (SBLCs) and their role in International Trade
Voice of the CBI: What is the UK’s Independent Trade Agenda?
CEPA or CPTPP? An Overview of UK-Japan Trade
Multilateral Perspective - A Roadmap for Sustainable Trade Finance
Building resilience in treasury: leadership, supply chains and cash flow
Does Free Trade really work? The Good, Bad and Ugly of Trade
The Transatlantic Trade Love Triangle
The misuse of payables finance - Global Supply Chain Finance Forum (GSCFF) Commentary
Customs, the BOM and Ro-Ro - What Next for the UK?
Separating cat pics from invoice scans - the role of artificial intelligence in global trade
The state of trade: tension, transition, and turning point. TL;DR on ICC’s Global Trade Survey
'China Plus One' Strategy - Best of Both Worlds?
WEF - The Fourth Industrial Revolution: Inclusive digital trade is the future
ICC SOS – Save Lives. Save Livelihoods. Save Our SMEs
$5 trillion and counting - the MSME Finance Gap
The Paychex Business Series Podcast with Gene Marks - Coronavirus
WorkLife with Adam Grant
Copyright © 2006-2021 Podbean.com