Trade

ALEXANDER R. MALAKET, president of OPUS Advisory Services International Inc. and author of Financing Trade and International Supply Chains, looks at transformational competition in the financing of international trade Trade finance has been in existence for a very long time, so long in fact that one might have argued justifiably until about 2005 that the industry suffered from several decades …

Managing both cash management and trade finance as a seamlessly integrated transaction banking proposition is one of the secrets of ADIB’s success, Maki Vekinis, the bank’s head of global transaction services, tells Cash&Trade in an exclusive interview Would you elaborate on ADIB’s overall GTS strategy and explain the importance of ADIB’s cash and trade business, both locally and internationally. At …

The dominance of transactions involving Tawarruq and Murabaha syndication and its variants in cash management and trade finance will continue unabated in 2015 in the absence of other products. Commodity Murabaha trading is done through exchanges such as the London Metals Exchange (LME), Bursa Suq Al Sila with its palm oil contracts based platform and the NASDAQ Dubai Murabaha Platform, …

JENS MIKOLAJCZAK – co-head of corporate cash management, EMEA, Deutsche Bank – discusses why SEPA matters for non-European corporates, and why 2015 is the year to consider its wider benefits On August 1 2014, the deadline for implementing obligatory Single Euro Payments Area changes passed for the 32 countries in the SEPA-zone. The culmination of a concept that began with …

CAROLINE MAGINN wonders whether there are other relationships in the Gulf Co-operation Council states that merchant financiers should be cementing There is, arguably, much global debate, mind-set and misnomer centred on the premise that natural resource abundance, particularly minerals, can have adverse consequences for social well-being, political stability, the environment and sustainable economic growth and creates a parallel disadvantage between …

MUSHTAK PARKER looks at new trends in Islamic Commodity Murabaha and trade receivables supply chains Islamic trade finance has flourished over the last four decades with the Murabaha (cost-plus financing) dominating the direction of financing of Islamic banks and financial institutions to the tune of up to 80 per cent. So much so has this been that the Murabaha became …

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 …

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 …

The cost of trade finance and the pricing of risk has stabilised or even fallen, but new research shows that the need for some form of security is still widely felt. PAUL MELLY examines why that is the case In a climate of cautious economic recovery, concerns about risk have abated. But, nevertheless, there has been little change in the …

Vincent O’Brien, chairman of the ICC Banking Commission Market Intelligence, talks exclusively to Cash&Trade about the results of this year’s survey. What do this year’s survey results tell us about attitudes to risk in the present climate? The survey registered an increase in demand for confirmation of letters of credit, which analysts attribute to the fact that international traders are …

  According to several bankers in the Islamic capital market space, Sukuk activity by international issuers indicates that Islamic finance, especially the Sukuk, is becoming a more mainstream source of funding. MUSHTAK PARKER provides a unique, in-depth, up-to-date analysis of the situation. If the growth trajectory of global Sukuk issuance continues as it has done over the past three years, …

EVAN GOLDSTEIN, global head of renminbi solutions at Deutsche Bank, explores the growing prominence of the renminbi  and the benefits and challenges of its use as a trade settlement and treasury management currency. While China’s renminbi (RMB) has been around for nearly 70 years since it was first introduced in 1948, its role in the international arena has been limited …

The UAE is becoming a ‘battleground’ where international and domestic banks are touting their respective services in a bid to win new trading customers. MELANIE LOVATT looks at how this competition is benefitting corporates   Much bank activity has centred on providing services to the Gulf region’s government- controlled oil companies. Securing this business remains important, but private sector growth and diversification …

Expansion, forward thinking and treasury upgrades have contributed to the success of one of Dubai’s leading commercial groups. But it would like to see an improvement in the quality of services being offered by banks. PAUL MELLY reports   From traditional family trading house to modern company in just a few decades. This is a path that many of the …

Omani banks are gearing up on the IT front following a Royal Decree encouraging the market to adopt more technology. This was one of the facts that emerged from a BNY Mellon Roundtable in Muscat. The questions were put by Cash&Trade Cash&Trade: What challenges do Omani institutions (banks and their corporate clients) face with regard to the new regulatory environment …

The GCC Tajara Monitor series for the financial year 2013 is shortly being released beginning with the KSA analysis. The focus is to provide transparency on developments, trends and the financial and capital dimensions of the trade-finance market-place. CAROLINE MAGINN reviews the findings The complex trade finance business proposition delivered by banks continues to evolve in an attempt to support …