Despite a series of trials for both bankers and corporates, including new competitors and technology and increasingly complex regulation, there’s a rewarding outcome on the horizon, says a senior figure at one of the world’s leading banks The challenges and opportunities facing both banks and corporates have been outlined by one of RBS’s most senior bankers in an exclusive …
Read More »2015
Financing global commerce reaches a ‘tipping point’
The notion of innovation in trade financing is explored by ALEXANDER R. MALAKET, president of OPUS Advisory Services International Inc. and author of Financing Trade and International Supply Chains While the business of trade finance has a long history and functions on the basis of well-established principles and practices, it is apparent to industry observers that this esoteric discipline has …
Read More »Corporate Banking buoyancy spurred by trade finance yet again
Significantly more is now being done to deliver operational efficiency and trade finance product innovation across both Islamic and conventional banking. CAROLINE MAGINN looks at the momentum within the sector KSA corporate banking and trade finance continue to garner momentum because the sector has been prudently capitalised. It delivers crucial liquidity to provide meaningful supply finance to the emerging corporate …
Read More »Sights set on new targets
As the global Islamic finance industry enters its 40th year in 2015, and continues to assume an accepted niche in the world’s mainstream financial system, its prospects, too, continue to evolve especially regarding its role in contributing to the financial reform agenda, financial stability, GDP growth, intra-Islamic trade and investment, infrastructure development, financial inclusion and wealth management. MUSHTAK PARKER tells …
Read More »Banks need fresh ‘execution skills’ as competition fires up
Financial institutions in the transaction banking and payments field need to differentiate themselves and raise their game to stay ahead, says a new report on international banking Payments and transaction-banking businesses continue to represent vital elements of the industry itself and the global financial-services landscape. The importance of these businesses both as critical sources of stable revenues and as the …
Read More »‘South Atlantic’ trade looks to finance solutions from banks
Inter-regional trade between the Middle East and Latin America has experienced dramatic growth over the past decade. Whilst volumes are still relatively small in comparison to trade flows with their respective main trading partners, the trajectory is clear and brings a multitude of business opportunities. BANA AKKAD AZHARI and DINO SANI, BNY Mellon treasury services’ heads of relationship management for …
Read More »Issue 31 January / February 2015 – PDF
Islamic finance markets need ‘greater bonding’
The World Islamic Banking Conference once again confirmed its position as the premier, largest and most influential annual gathering of international Islamic finance leaders as the 21st annual edition of WIBC 2014 took place at the Gulf Convention Centre in Bahrain. The event was attended by over 1,300 industry leaders in excess of 50 countries representing more than 300 international …
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