Copying and distributing are prohibited without permission of the publisher
SIBOS 09 - Developing supply chain finance
09 September 2009
Alexander R. Malaket explores how the global financial crisis has impacted on the development and use of supply chain finance (SCF).
Read more:
Sibos 2009
supply chain finance
crisis supply chain
LC trade
documentary credits
crisis risk mitigation
This article appears in the September print edition of Trade Finance under the headline: Stepping back to move forward?
The global financial and economic crisis has, indisputably, had a powerful impact on trade finance, and by extension, on trade itself.
Most regions report that the changing risk environment has motivated a return to traditional trade financing instruments, particularly documentary letters of credit, which are enjoying a new level of appreciation for their risk mitigation capabilities.
Will the crisis and its fallout reverse a rare momentum of innovation in the business of trade finance? Have the demands for security on both sides of a trade deal, derailed developments in supply chain finance? Crisis & innovation: complement or contradiction?
Trade finance has seen an unprecedented level of innovation, both at the product level and at the level of the technology associated with the transaction side of the business – from processing to reporting,...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the latest news and analysis for two days
(excluding some surveys and articles). Start your free trial today.
