Free Trial

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

Best Trade Bank in Australasia

23 July 2009

Keeping clients in shape

Winner: ANZ Highly commended: Westpac This is a new category for the Awards for Excellence following reader feedback from 2008’s awards. There was solid voting from the region and we expect this to become as hotly contested as some of the other categories such as Japan and Hong Kong. Exports of natural resources, equipment and technology are all vital to the economies of Australia and New Zealand and there is keen support from export credit agencies, EFIC and...


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