Trade finance’s financing gap and paper-based inefficiencies create blockchain’s largest opportunity. Tokenized receivables can unlock global liquidity for SMEs. In just over a decade, blockchain ...

Bulgaria's pharmaceutical market reached a record 5.5 billion euros in sales in 2023, and forecasts suggest a yearly growth rate of around 9% through 2029. Despite its modest population and fiscal ...

Many African economies face persistent shortages of foreign exchange (FX), particularly U.S. dollars, which can impair their ability to fund imports, pay off debt and maintain stable macroeconomic ...

One question we look forward to exploring in the Euromoney Trade Finance Survey 2025 is: which main trends impact your day-to-day trade finance activities? Operating in such a documentation-heavy ...

Trade finance reduces payment and delivery risks in international transactions. Letters of credit are key tools in trade finance, ensuring payment upon delivery. Effective trade finance is vital for ...

The International Trade and Forfaiting Association (ITFA) has acknowledged that banks alone will be unable to fully address global demand for trade financing and that there is a need to advance the ...

In hindsight, summer 2001 was a precarious time to launch an annual ranking of the world’s Best Trade Finance Banks. Just months later, the 9/11 attacks would destroy New York’s World Trade Center, ...

The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard. According to the World Bank, Ukraine’s GDP over 2022 will have contracted by some 35%. Further decline is expected ...