Wednesday, August 27th, 2014

Despite budget cuts, layoffs and swine flu, the Association of Trade and Forfaiting in the Americas’ (“ATFA”) recent conference was a success. The event, ATFA’s 12th annual conference, was held in San Diego, California between 20th and 22nd May. It was well attended and included a wide range of panel topics from the US Troubled […]

Wednesday, August 27th, 2014

On 16th June there will be a cocktail party at the Escape Bar in Sao Paolo. It will co-sponsored by both ITFA and ATFA (Association of Trade and Forfaiting in the Americas) and will be attended by both ITFA Chairman Lucio Matassoni and ATFA Board Member Hernan Mayol.

Wednesday, August 27th, 2014

In light of the global financial crisis, ITFA is offering a concessionary rate to members who would like to attend this year’s annual conference in Rome on the 2nd, 3rd and 4th of September.

Wednesday, August 27th, 2014

Speakers from the ITFA will address delegates on the final day of the, International Trade Finance Conference Week in Vienna, organised by the International Chamber of Commerce Austria. Day five of the event, which will be held between 11th and 15th May, and is to be hosted by RZB Raiffeisen Zentralbank Österreich, is concerned with […]

Wednesday, August 27th, 2014

Discounted applications are now available for the International Chamber of Commerce, International Trade Finance Conference Week in Vienna. ITFA members can enjoy a 20% discount on the regular conference rates for the entire event or for individual days. The Conference Week runs from 11th to 15th May. In order to benefit from these special ITFA […]

Tuesday, August 26th, 2014

Banks and forfaiters in Middle Eastern and North African countries are affected by the global financial crisis but trade finance offers scope for doing new business. Lack of liquidity and a collapse in stock market prices are taking their toll. However financing trade using traditional instruments such as letters of credit, stand-bys and avalised promissory […]

Tuesday, August 26th, 2014

ITFA’s Southern Europe Regional Committee (SERC) has elected two new members. Amid turmoil in a number of Southern European region markets, attendance at SERC’s meeting in Milan on 12th March was somewhat depleted. Nonetheless two new members were elected to the committee: Mr. Stefano Cesari of Unicredito, and Mr. Paolo Jelmoni of Reginato & Mercante, […]

Tuesday, August 26th, 2014

ITFA’s Northern European Regional Committee (NERC) aims to increase its representation of the region and become more inclusive in its activities. These are the aims of Paul Jennings, of ABC International Bank, NERC’s recently elected chairman. He is conscious that currently representation on the regional committee has largely been drawn from London and feels that […]

Tuesday, August 26th, 2014

A new ITFA Brazilian Regional Committee has now been established. The new committee was formally ratified by ITFA’s Board on 6th March 2009. It has initially four members: Renato Schulman of Banco Finantia, the Committee’s Chairman; Guilherme Gottardi of Banco Fibra, Alexandre Ozzetti of London Forfaiting Company and representing ATFA, The Association of Trade & […]

Tuesday, August 26th, 2014

The International Chamber of Commerce is to hold its annual International Trade Finance Conference Week in Vienna. The event, which will be held between 11th and 15th May, is to be hosted by RZB Raiffeisen Zentralbank Österreich at their Am Stadtpark 9, premises. The week includes an extremely wide variety of presentations and discussions under […]

Tuesday, August 26th, 2014

Investment banking in the main Asian centres of Singapore and Hong Kong is in the doldrums, with many formerly profitable product areas doing little if any business. However trade finance in general and forfaiting in particular are offering some rays of hope. “Many exporters need funding,” explains Charles Brough, chairman of ITFA’s South Asia Regional […]

Tuesday, August 26th, 2014

Representatives of banks throughout the Central and Eastern Europe Region attended the half-day educational course on UCP600, held in Vienna on 29th January. At the event, hosted by Bank Austria, Radek Dobas, the highly experienced Head of Documentary Payments at Ceska Sporitelna, spoke about the International Chamber of Commerce rules for documentary credits set out […]