Forfaiting News

Trade a priority for the Middle East and North Africa region

Posted on Tuesday, August 26th, 2014

Banks and forfaiters in Middle Eastern and North African countries are affected by the global financial crisis but trade finance offers scope for doing new business. Lack of liquidity and a collapse in stock market prices are taking their toll. However financing trade using traditional instruments such as letters of credit, stand-bys and avalised promissory […]

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Southern Europe Regional Committee elects new members

Posted on Tuesday, August 26th, 2014

ITFA’s Southern Europe Regional Committee (SERC) has elected two new members. Amid turmoil in a number of Southern European region markets, attendance at SERC’s meeting in Milan on 12th March was somewhat depleted. Nonetheless two new members were elected to the committee: Mr. Stefano Cesari of Unicredito, and Mr. Paolo Jelmoni of Reginato & Mercante, […]

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New ITFA initiative for Northern Europe

Posted on Tuesday, August 26th, 2014

ITFA’s Northern European Regional Committee (NERC) aims to increase its representation of the region and become more inclusive in its activities. These are the aims of Paul Jennings, of ABC International Bank, NERC’s recently elected chairman. He is conscious that currently representation on the regional committee has largely been drawn from London and feels that […]

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New regional committee in Brazil

Posted on Tuesday, August 26th, 2014

A new ITFA Brazilian Regional Committee has now been established. The new committee was formally ratified by ITFA’s Board on 6th March 2009. It has initially four members: Renato Schulman of Banco Finantia, the Committee’s Chairman; Guilherme Gottardi of Banco Fibra, Alexandre Ozzetti of London Forfaiting Company and representing ATFA, The Association of Trade & […]

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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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