UK corporates are looking beyond Western Europe for growth, with the CEE region attracting particular attention. Moving from traditional trade finance instruments to digital tools such as the Bank Payment Obligation (BPO) can help mitigate the risks in these markets.
With solutions such as we.trade revolutionising supply-chain interactions, while others, such as Project Wilson, connect correspondent banks to facilitate working capital financing, Simone Del Guerra of UniCredit discusses the shifting landscape of correspondent banking.
In an increasingly competitive supply chain finance ecosystem consisting of banks, non-banks, and a combination of the two how best can corporate treasurers select an effective payables finance programme provider? Deutsche Bank suggest three simple questions that corporates can ask.