"Partnership, innovation key to grow trade finance"
Commonwealth Bank’s head of global trade finance and international payments Tony Sacre underlines focus on growing markets, innovation and partnership cultivation as factors of successful trade finance. January 11, 2012 | Wong Wei HanAustralian economy has had a relatively good year in 2011, reporting slight but visible growth for two consecutive quarters since Q2 while its peers within the Group of 10 are all struggling to grapple with pressure of prolonged recession and credit crisis. This is partly resulted from Australia’s traditionally strong linkages with emerging markets across Asia Pacific, an advantage which domestic banks with a regional footprint have managed to leverage on to expand their business port-folio in trade financing. Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Trade Finance, Transaction BankingTrade Finance,Transaction Banking, Trade Finance,Transaction Banking, Keywords:Tony Sacre, CBA, Letter Of Credit, Liquidity, Supply Chain Tony Sacre, CBA, Letter of Credit, Liquidity, Supply Chain
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