Wednesday, August 27th, 2014

The ITFA Board has recently decided to launch a Survey among its members to gain an indication of the volume of Forfaiting. We believe that the development of the Forfaiting market should be properly identified to help the ITFA to establish its impact on global trade finance and to better represent our Association in front […]

Wednesday, August 27th, 2014

BAFT-IFSA has just published some new definitions of traditional trade finance to facilitate dialogue with regulators and governments. These definitions now grade trade finance risk according to a series of “risk clusters”. The ITFA has made the following comments to the international trade finance press on these definitions: ” The Risk Clusters are a very […]

Wednesday, August 27th, 2014

Post Conference Sean Edwards reflects on the best of what trade finance offered at the ITFA Conference in Vienna, and Clarissa Dann (TFR) reports from the Vienna Event Click here for the articles.

Wednesday, August 27th, 2014

ITFA education course on September 7th and 8th 2010 in Berlin The education course held by Richard Willsher during the ITFA meeting in Berlin on 7th and 8th of September 2010 was great! Back at work we realised quickly that we can apply all the concepts we have been studying. Tying loose ends together will […]

Wednesday, August 27th, 2014

As a dynamic and modern Association that wants all its members to be connected in the best possible way, exchange views, ideas and market information, ITFA created a web-page at LinkedIn. We call for all members to join our page at LinkedIn.com and make our communication more alive!

Wednesday, August 27th, 2014

The Board of the ITFA met in Zurich on 13th April 2010 and members may be interested in the following highlights:

Wednesday, August 27th, 2014

East-West Debt, the Antwerp based receivables collection firm, has joined ITFA. The company is a specialist in assisting governments, banks, multinationals and credit insurers in solving claims in political risk countries. It has offices in Holland, Poland, Russia, Turkey and the UK and over the last 12 years has managed claims worth more than US$400 […]

Wednesday, August 27th, 2014

The Board of the ITFA has approved the establishment of a working party to assist members in their problems with Bank Turanalem (BTA) in Kazakhstan.

Wednesday, August 27th, 2014

Speakers from the ITFA will address delegates on the final day of the, International Trade Finance Conference Week in Vienna, organised by the International Chamber of Commerce Austria. Day five of the event, which will be held between 11th and 15th May, and is to be hosted by RZB Raiffeisen Zentralbank Österreich, is concerned with […]

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 […]

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 […]

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 […]