Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

MABE – accounts receivables financing

23 March 2009

Dramatically improving working capital

Read more: [Mexico] [MABE] [Atradius] [DSO] [FX] [RBS] [white goods]

This transaction is selected as a Deal of the Year in that it is a regional landmark as the first time a global transaction services unit has implemented an accounts receivables programme facility (ARPF) in Latin America, using a non-standard currency – Mexican pesos (MXN). In addition the solution offered by RBS demonstrated a high utilisation rate by the client dramatically improving their working capital. Controladopra Mabe (MABE)...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010