• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    The Global Trade Finance Environment Is Still Deteriorating.

    2010/5/20 10:12:00 19

    Foreign Trade

    In April 22, 2010, the International Chamber of Commerce released a survey report entitled "2010 trade finance rethink", which covered the findings of 161 banks from 75 countries.

    The report is entrusted with the task of the WTO world trade finance expert group to track developments in the field of trade.



    The report points out that trade volume fell by 12% in 2009, the most serious decline since World War II.

    Worldwide, the export of durable goods is most seriously affected, rather than the trade in durable consumer goods, including clothing and food.

    The International Chamber of Commerce says trade decline is not so significant in Asia.

    China's trade partners benefited from the government's fiscal stimulus plan, and imports of Chinese products began to rebound.

    According to the report, the 2010 survey confirmed that the current global financial crisis has continued to affect the world's financial institutions and markets. The current economic environment is extremely challenging, and the volume of trade may be further affected in the coming months. From the global perspective, the expectations for the 2010-2011 years are still cautious.



    According to the International Chamber of Commerce, the environment for trade finance is still deteriorating worldwide.

    Specifically, the scale of trade financing is still suppressed by the financial crisis. The SWIFT information data of banks reflect this change. In 2008, the amount of SWIFT information in the bank was 46 million, and in 2009 it dropped to 42 million.

    From the survey, 60% of respondents said that trade financing activities decreased in 2008 and 2009; 43% of financial institutions said that the volume of business using letters of credit was decreasing, while 26% of respondents said that the amount of letters of credit used for imports decreased.

    However, 84% of respondents said they expected increased demand for traditional trade financing tools, such as commercial letters of credit, standby letters of credit and guarantees.



    Although most of the respondents (96%) indicated that losses under traditional trade financing products were equal to or lower than those under other products, banks were still cutting the trade financing credit lines of enterprises or financial institutions.

    Demand for bank support is still very strong. 50% of respondents said that the demand for traditional trade financing instruments by enterprises or financial institutions is increasing.

    But at the same time, the price of products is rising.

    30% of respondents said that the prices of products such as letters of credit, standby letters of credit, and guarantees increased in 2009.



    At the same time, it is also worrying that banks' scrutiny of documents is more stringent. 34% of respondents said that the number of rejected applications for trade financing in 2009 increased by 30%.

    Suspicious or forged discrepancies remain high. 44% of respondents said they had experienced many such cases, but the ratio was 48% when the financial crisis was most serious.

    The report cautioned: "these alleged discrepancies are virtually unfounded, and this trend is worrisome, which may have a harmful effect on trade documents, and documentary credits are a viable means of international trade settlement."



    In addition, the ICC said Basel's New Capital Accord framework will further restrict global trade financing activities.

    The London summit of the group of 20, held in 2009, agreed to inject $250 billion into trade finance in two years, and played a positive role in reducing the impact of the financial crisis.

    However, in order to strengthen the regulation of global capital and liquidity, Basel's New Capital Accord framework calls for capital adequacy mechanism.

    The bank supervision committee of Basel also called for increasing the risk weight of trade financing to limit bank leverage.

    In accordance with the current Basel Capital Accord, the amount of financing under letters of credit and guarantee is weighted by about 20% and 50% respectively, while the Basel New Capital Accord framework requirements are accounted for by 100%.

    This makes trade financing business more expensive for banks' capital adequacy ratio.

    According to ICC, the risk of trade financing business is significantly lower than that of traditional credit business of banks. When calculating risk weights, the two party is regarded as very improper. This approach will have a significant negative impact on trade financing activities.

    • Related reading

    The Sino Korean Trade Is Approaching

    Instructions for foreign trade
    |
    2010/5/20 10:09:00
    29

    New Zealand Port Customs Clearance

    Instructions for foreign trade
    |
    2010/5/19 16:11:00
    35

    Commodity Quality

    Instructions for foreign trade
    |
    2010/5/14 14:20:00
    14

    常識;訂立品質(zhì)條款要點

    Instructions for foreign trade
    |
    2010/5/14 14:19:00
    27

    訂立品質(zhì)條款要點

    Instructions for foreign trade
    |
    2010/5/13 15:19:00
    33
    Read the next article

    Pakistan Textile Exports Increased By 20% In March 2010 May 20Th

    In March this year, the export of Pakistan's textile industry increased by 20% compared with that of the clothing sector. The export volume of textiles showed a growth trend, of which the export of raw cotton increased by 38%, the export of cotton yarn increased by 18%, the export of cotton cloth increased by 9%, the export of other yarn other than cotton yarn increased by 306%, the export of knitted goods increased by 20%, the export of bedding increased by 7%, and the export of towels incr

    主站蜘蛛池模板: 日韩精品久久无码中文字幕| 中文字幕你懂的| 精品国产一区二区三区www| 无码人妻丰满熟妇区bbbbxxxx | 欧美综合自拍亚洲综合图| 天天色天天综合| 亚洲视频一区二区在线观看| xvdeviosbbc黑人| 男人天堂网在线| 在线观看国产亚洲| 亚洲精品午夜久久久伊人| 99视频有精品视频免费观看| 热re99久久精品国产66热| 天堂在线免费观看mv| 亚洲精品视频在线观看视频| 99久久99久久精品国产| 欧美精品国产一区二区| 国产精品自在欧美一区| 国产激情久久久久影院小草| 伊人久久大香线蕉观看| 久久精品国产久精国产果冻传媒| 国产精品色拉拉免费看| 欧美日韩免费看| 天天干视频网站| 亚洲综合色一区二区三区小说 | 热热色原原网站 | 国产成人精品免高潮在线观看| 九色综合久久综合欧美97| 18禁裸体动漫美女无遮挡网站| 男男调教军警奴跪下抽打| 我被黑人巨大开嫩苞在线观看| 午夜视频久久久久一区| www.中文字幕| 欧美老熟妇乱子伦视频| 国产精品亚洲а∨无码播放不卡| 么公的好大好硬好深好爽视频想要| 韩日午夜在线资源一区二区| 成年在线网站免费观看无广告| 再深点灬舒服灬太大了一进一出| 中文字幕无码日韩专区免费 | 好爽好紧好大的免费视频国产|