Interport Trade Capital

CONFERENCE RADAR--BCR 10th Annual Alternative & Receivables Finance Forum https://lnkd.in/g4dt6NfP WHAT IT IS: The Alternative & Receivables Finance forum showcases new developments, new technology, and new players in SME receivables and invoice finance. WHEN IT IS: 27 Nov 2024 - 28 Nov 2024 WHERE IT IS: London, UK WHAT IT COSTS: Early Bird £ 950.00 Standard Rate £ 1,200.00 #BCR #Cliffordchance #London #tradefinance #receivables

CONFERENCE RADAR--SFNet's Supply Chain Finance Conference 2024 https://lnkd.in/ezBB-cwy WHAT IS IT: The SFNet Supply Chain Finance Conference 2024 offers asset-based lenders and finance professionals the opportunity to explore current trends, risks, and solutions in supply chain finance. It focuses on strategies for supporting resilient global supply chains and includes valuable networking with industry leaders from finance, trade, and logistics. WHEN IS IT: December 3rd, 2024 WHERE IS IT: Offices of Greenberg Traurig, LLP, One Vanderbilt Ave. New York, NY WHAT DOES IT COST: Member Price: $995 Non-Member Price: $1,295 #SFNET #privatecredit #tradefinance #GreenbergTraurig

CITI LAUNCHES DIGITAL BILL SOLUTION, TRANSFORMING TRADE FINANCE (From BCR News) Citi has launched Citi Digital Bill (CDB), a new integrated digital bill discounting solution, making centuries old practices future ready. CDB significantly reduces complexity by eliminating the need for physical documents and couriers and the movement of paper across multiple parties in different geographies. For sellers, CDB provides a faster, more transparent way to manage receivables, reducing the time for monetizing receivables from a week to less than an hour. “The launch of Citi Digital Bill is a significant advancement in trade finance, marking a groundbreaking shift away from longstanding paper and the wet ink-based practice of discounting bills,” said Sanjeev Ganjoo, Global Head of Trade Receivable Finance, at Citi Services. “Citi Digital Bill is a testimony to our digital-first approach to enhancing trade finance solutions. By effectively leveraging the power of technology, we continue to create substantial value for our clients through increased speed and transparency.” This new solution is an alternative to traditional paper-based Bills of Exchange (BoE) with a comprehensive end-to-end digital platform, streamlining and digitising the flows within Citi’s proprietary receivables finance platform, CitiDirect. CDB enables parties to a digital bill (seller, buyer & Citi) to sign, accept, endorse and finance the digital bill in CitiDirect, thereby removing historical challenges such as fragmented manual processes, operational risks of collecting and safekeeping of paper documents, as well as delays in access to working capital. CDB unlocks the potential for quicker monetisation of receivables, while bringing clarity and transparency for both sellers and buyers. CDB is not a negotiable instrument and is structured under contract laws. For buyers, CDB enables them to gain visibility into the status of invoice approvals and access to digital bills at any time, leading to better tracking and management of transactions. It also connects buyers with key relationship banks efficiently, enhancing risk matching. This new digital solution makes it easy for clients to transition to the new system without major disruptions. CDB is currently available to Citi’s clients in the United States, the United Kingdom, and Ireland, with plans to expand to additional countries in 2024, subject to necessary approvals. https://lnkd.in/eWTFvDA9 #Citi #tradefinance #banking #internationaltrade #BCRnews contact@interportcap.com

BRAZIL’S FIDC MARKET GROWS TO R$561.5BN AMID INCREASED TRANSPARENCY (from BCR News) Investment funds in receivables (FIDCs) are expanding rapidly in Brazil, with net assets reaching R$561.5bn (US$98.4bn) a near R$200bn (US$39.8bbn) increase over the past year, Valor International reports, citing ANBIMA data. This growth, driven partly by a rising use of credit cards, has attracted institutional investors and could draw individual and foreign investors as transparency improves. According to Flavia Palacios, coordinator of ANBIMA’s securitisation committee, recent regulatory enhancements from Brazil’s Securities and Exchange Commission (CVM) require FIDCs to report portfolio performance metrics such as default and delinquency rates. This year, individual investors gained direct access to FIDC shares, previously available only via credit funds. The market has evolved in response to past crises, such as the Silverado scandal a decade ago, which underscored the need for stronger governance. Fernando Fontes, the founder of CERC fintech, noted to Valor International that FIDC registration requirements, with a CVM deadline set for November, will enhance transparency, making the market more attractive to individual and foreign investors. He foresees a transformation over the next two years, with FIDCs gaining liquidity, more product offerings, and potentially analyst coverage, opening new investment channels in Brazil. #Brazil #FDIC #tradefinance #receivables contact@interportcap.com https://lnkd.in/emD2BGA9

ARGENTINA’S ECONOMY MINISTER STRIKES DEFIANT NOTE ON DEFAULT RISK 1. Confidence in Repayment: Argentina's Economy Minister Luis Caputo insists the country will meet its $14bn debt obligations due in 2025, despite previous defaults and ongoing economic challenges. 2. Economic Reforms: President Javier Milei has implemented free-market reforms, reducing inflation and balancing budgets, but struggles remain in boosting foreign exchange reserves and re-accessing international capital markets. 3. Reserve Management: The government's tax amnesty has increased dollar deposits, aiding the central bank in growing its reserves without creating new money, supporting their zero deficit goal. 4. Market Response: Investor confidence in Argentina has improved significantly under Milei’s administration, with a notable decrease in the country's risk premium, though it remains too high for normal market access. 5. IMF Relations: Argentina is considering strategies for its next negotiations with the IMF, crucial for managing its substantial debt and potentially speeding up economic recovery. #Argentina #sovereigndebt #IMF #Milei #tradefinance contact@interportcap.com

🎉 Interport Trade Capital achieves 500 Linkedin Page Followers! 🎉 Thank you everyone for your support, and for joining us on this entrepreneurial journey. Stay tuned as Interport Trade Capital takes its next steps toward becoming a leader in cross-border trade finance! contact@interportcap.com #tradefinance #factoring #entrepreneurship #linkedin

INVESTORS PILE INTO EMERGING-MARKET FUNDS THAT CUT OUT CHINA 5 Key Takeaways: 1. Growing Trend: Investors are increasingly channeling funds into "ex-China" emerging market funds, viewing China as overly dominant and risky, which has led to a notable shift in emerging markets investing. 2. Asset Expansion: "Ex-China" funds have grown rapidly, with assets increasing by 75% this year to over $26 billion, reflecting investor demand for options that exclude the Chinese market. 3. Market Dynamics: Despite a rally in Chinese stocks due to government stimulus, concerns about the volatility and government influence over markets have led investors to prefer markets like India and Taiwan. 4. Investor Sentiment: Political tensions and potential sanctions against China have heightened worries, influencing U.S. investors particularly to reduce exposure, citing national security risks. 5. Sectorial Shift: The move to "ex-China" investment strategies is part of a broader diversification, as some investors seek to mitigate political and autocracy risks by excluding Chinese stocks from their emerging market portfolios. #emergingmarkets #China #ETF #tradefinance contact@interportcap.com

INTER-AMERICAN DEVELOPMENT BANK OFFLOADS RISK ON $1BN OF LOANS 5 Key Takeaways: 1. Risk Transfer Strategy: The Inter-American Development Bank (IDB) has transferred $70 million of default risk to private investors through synthetic securitization, enabling nearly $1 billion in lending for Latin America and the Caribbean. 2. New Business Model: IDB is shifting from traditional strategies to originating and pooling assets, facilitated by a $3.5 billion capital increase. This aims to draw more investment to Latin America. 3. Securitization Emphasis: Following G20 recommendations, IDB and the World Bank are increasing securitization efforts to boost lending capacity significantly, targeting large institutional investors. 4. Investor Relations and Asset Sharing: IDB has introduced a new department to enhance investor relations, crucial for attracting investment and understanding investor preferences in emerging markets. 5. Capital Recycling: With reduced government funding, IDB is innovating in capital management to potentially double investments and achieve a 1:2 private-to-public investment ratio. #IDB #LATAM #loans #worldbank contact@interportcap.com

Vitol agrees to acquire Noble Resources Trading Limited for an purchase price equivalent to $0.63 per share on a debt free / cash free basis (“Noble Resources”) subject to customary conditions precedent.Noble Resources is one of Asia’s leading independent energy products and industrial raw materials supply chain managers. Noble Group Details: https://lnkd.in/dkqxZ6HJ Join Commodity Trading Club as individual or as corporate to benefit from: - Business networking - Career opportunities - Commodity Courses - Knowledge Center - Exclusive benefits worldwide - Industry insights and analysis To find out more and become a member visit our website: www.commoditytrading.club Partner of: Commodity Trading Jobs Commodity Trading Advisory Commodity Trading News Commodity Trading Events Commodity Trading Partners Commodity Trading Academy

ARE PE-BACKED FIRMS IN BUBBLE-POPPING TERRITORY? Private equity-owned companies are defaulting more often than other speculative-grade borrowers, according to a Moody’s report. From January 2022 to August 2023, the default rate for private equity-backed firms was 17%, double that of non-private equity firms. Among the 12 largest private equity sponsors, defaults were slightly lower at 14%. Platinum Equity topped the list, followed by Apollo Global Management and Clearlake Capital. The report highlights higher leverage and more debt in private equity-backed firms as contributing factors, along with rising interest rates. Distressed debt exchanges were a common cause of defaults, while private equity sponsors turned to private credit and leveraged various financing tactics to manage cash flow. Moody’s also noted that private equity is increasingly using debt to fund dividends as traditional exits like IPOs and M&As slow down. https://lnkd.in/ewC5vSHF #privateequity #apollo #ipo