Trade Finance encompasses transactional and value add services offered to corporate/ commercial clients by banks. Trade finance solutions enhance working capital efficiencies of banks’ business clients thereby resulting in overall operational efficiencies and enhanced profitability. From the banks perspective it helps deepen client relationships, making the relationship stickier thereby resulting in a significant delta in revenues.
This core level program gives the participants a good foundational understanding of international trade and how corporate settle their cross border commercial activities, what their basic requirements are, identify risks as well as ways to mitigate the same. The program covers both the traditional methods of settlement used in trade transactions such as documentary credits and collections as well as some of the newer and emerging trends in trade finance in the areas of digitization, supply chain finance, open account trade transactions and structured trade finance solutions. The focus in this program is on discussions around the outcomes of the various trade finance capabilities offered by banks (as opposed to product features) and how these can help the banks clients in meeting their working capital objectives.
