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BAFT AND IFSA merge

19 January 2010

Two trade bodies, the Bankers’ Association for Finance and Trade (BAFT) and the International Financial Services Association (IFSA), have now merged.

Read more: [Baft] [IFSA] [trade bodies] [Bankers’ Association for Finance and Trade ]

Two trade bodies, the Bankers’ Association for Finance and Trade (BAFT) and the International Financial Services Association (IFSA), have now merged, effective today.

Members of each respective organisation voted overwhelmingly in favour of the merger last month.

In a statement the two orgnaisations said: “Both BAFT and IFSA bring outstanding pedigree in...


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