Latest Financial Supply Chain Articles
Treasurers within companies that receive Letters of Credit (LCs) worth millions of dollars need a robust trade finance system. Facing a growing call from its smaller counterparties for trade finance arrangements, international energy company Statoil sought greater control over its trade finance transactions.
As companies seek to improve their working capital, suppliers may be seen as an easy target. Better tools and strategies can bring the interests of finance, procurement and suppliers into closer alignment.
A London seminar held by law firm Reed Smith earlier this month assessed both the opportunities and risks offered by supply chain finance (SCF) and alternative capital. Are these forms of corporate funding ready to gain further momentum and if so, will it be at the expense of the banks?
The rise of Sharia finance, and in particular the growing popularity of sukuk bonds issued by sovereign entities, has been a well documented story, but to what extent has Islamic finance been embraced by corporates in Muslim countries?