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World's Best Trade Finance Providers 2022 | Global Finance Magazine

Global Finance names this year’s best trade finance providers in the world. ....

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Commerzbank executes live transactions on Marco Polo trade finance network

Commerzbank joined with İşbank and LBBW to become one of the first banks to execute commercial transactions with German and Turkish corporate clients via the Marco Polo trade finance network in a live environment. ....

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Commerzbank AG (via Public) / Commerzbank and partners execute live transactions on the 'Marco Polo' trade finance network more

Commerzbank AG (via Public) / Commerzbank and partners execute live transactions on the 'Marco Polo' trade finance network more
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World's Best Trade Finance Providers 2021 | Global Finance Magazine

World’s Best Trade Finance Providers 2021
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For many trade finance banks that still relied on legacy systems and paper-based processes, the Covid crisis put them on a forced march into the future.
February 03, 2021
Trade finance bore the full force of the institutional crises inflicted by the coronavirus pandemic. Corporate entities and banks struggled with liquidity issues, supply chain disruptions and payment delays. Legacy platforms and archaic paper-based processes still in place at most trade finance providers created additional obstacles.
Goods nevertheless continued to move across borders, however, thanks in large part to fast action by authorities. In any crisis, there’s an immediate demand for liquidity; and at the start of the pandemic, governments and central banks stepped in with liquidity for the markets. ....

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