Favourable risk profile of Trade Finance
The ICC
Banking Commission has released the 2015 edition of the ICC Trade Register
report.
Statement
from the press release:
“The report once again illustrates the
favourable risk profile of trade finance.
Now in its fifth year, the 2015 ICC Trade
Register includes 13 million transactions from 2007 – 2014, and encompasses a
total exposure of over USD 7.6 trillion. Year on year the ICC Trade Register
improves its data sample and observes more transactions – making this the most
comprehensive, and perhaps the most significant, to date.
The ICC Trade Register remains one of the most
comprehensive, widely accepted and referenced sources of default and credit
risk data in the world today. The increased alignment with Basel methodology
will play a key role in underpinning fact-based dialogue with industry
stakeholders and regulatory authorities.
Content outline of the 2015 ICC Trade Register
Report:
> Regulatory updates
> Analysis of Short-term Trade Finance
products
> Analysis of Medium to Long-term Export
Finance products
> Evolution of the ICC Trade Register
The findings of this report are based on an
underlying data set and/or financial and resource contributions by 26 member banks.
The ICC Banking Commission extends special thanks to all our member banks whose
financial support, investment of time and resources, and uncommon focus on the
“bigger picture” enables the collection of increasingly robust and meaningful
data and the production of the report on an annual basis.”
For more
information – and download of the report:
This is
truly a fantastic way to end 2015! I am sure that all that works with Trade
Finance truly embrace the work done by the ICC here – and favour greatly the
result!
With that I
wish all readers, subscribers, friends and colleagues a Merry Christmas and a
Happy New Year!
I look
forward to “see” you next year.
Kind regards
Kim