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:

 

http://www.iccwbo.org/News/Articles/2015/ICC-Trade-Register-once-again-illustrates-that-trade-finance-is-low-risk/

 

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

 



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