Forfaiting News

ICC Conference News

Posted on Tuesday, August 26th, 2014

The International Chamber of Commerce is to hold its annual International Trade Finance Conference Week in Vienna. The event, which will be held between 11th and 15th May, is to be hosted by RZB Raiffeisen Zentralbank Österreich at their Am Stadtpark 9, premises. The week includes an extremely wide variety of presentations and discussions under […]

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Far Eastern trade finance remains active

Posted on Tuesday, August 26th, 2014

Investment banking in the main Asian centres of Singapore and Hong Kong is in the doldrums, with many formerly profitable product areas doing little if any business. However trade finance in general and forfaiting in particular are offering some rays of hope. “Many exporters need funding,” explains Charles Brough, chairman of ITFA’s South Asia Regional […]

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L/Cs and collections find broad interest at CEE region seminar

Posted on Tuesday, August 26th, 2014

Representatives of banks throughout the Central and Eastern Europe Region attended the half-day educational course on UCP600, held in Vienna on 29th January. At the event, hosted by Bank Austria, Radek Dobas, the highly experienced Head of Documentary Payments at Ceska Sporitelna, spoke about the International Chamber of Commerce rules for documentary credits set out […]

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Upbeat London reception

Posted on Tuesday, August 26th, 2014

Almost 100 people attended the event that took place at Accountants Hall in the City of London on Thursday evening 5th February. Those invited had been drawn from around the Northern European region and represented a good cross section of the market. “Even if funding is presenting difficulties to finalising transactions, the strong turn out […]

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Global crisis drives new ITFA initiative in Southern Europe

Posted on Tuesday, August 26th, 2014

The new chairman of ITFA’s Southern Europe Regional Committee (SERC), Demetris Zouzoukis, is leading an initiative to share information and common concerns for the good of all members in the region during the current financial crisis. Zouzoukis, Deputy General Manager and Head of Forfaiting at Athens based Marfin Factors & Forfaiters, is currently convening a […]

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