Browsing: Trade finance

Newsbytes

BAFT—ABA’s global transaction banking subsidiary—today published a set of principles regarding the essential criteria for use and structuring of payables finance, a financial product providing support for the global economy.

Commercial Lending

As financial institutions around the globe continue preparing to transition financial contracts away from the London Interbank Offered Rate, which is not guaranteed to be sustained after 2021, BAFT—ABA’s global transaction banking subsidiary—and the International Trade and Forfaiting Association noted that the transition could have implications for master participation agreements.

Newsbytes

BAFT—ABA’s global transaction banking subsidiary—today joined a coalition of more than 200 organizations and companies calling on Congress to pass a robust and long-term reauthorization of the U.S. Export-Import Bank before its charter expires at the end of September. T

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