Mario Cordoni, CEO and Founder of CFE Finance Group, speaks about the centrality of Trade Finance in the current global economic context in an interview with Global Banking and Finance

In today’s uncertain economic climate, Trade Finance plays a crucial role in facilitating global trade and transactions. By financing imports and providing cover for debt defaults, Trade Finance helps mitigate risks, especially in trade with emerging markets.

CFE Finance Group supports banks and export credit agencies by offering various instruments like buyers’ credit and silent confirmations. Amidst the pandemic-induced economic shifts, demand for deferred payments and risk mitigation has surged. Organisations like the World Bank Group and Club de Paris have been pivotal in supporting trade finance and sustaining global economic recovery.

Global Banking & Finance, 28 december 2020