Writing in the 7th edition of Commodities Magazine, David Bischof, Deputy Director, Finance for Development at the International Chamber of Commerce (ICC), discusses export finance’s low credit risk profile and the importance of the ICC’s Trade Register.
The Trade Register is an authoritative, data-driven source and benchmark for trade finance and export finance-related credit risk data. Some may question the need to regularly collect information pertaining to the default and credit-risk profile of trade and export finance products. However, these figures are especially important when it comes to engaging in discussions with regulators and standard-setters.
Read the full article on p28 of Commodities Magazine.