ICC releases its 2014 Trade Register Summary Report that continues to provide empirical evidence that, in all forms, trade and export finance is a low risk bank financing technique


The report demonstrates the low risk nature of both short term and medium to long term trade finance. For short term trade finance (with an average contractual tenor between 90-180 days), customer default rates for 2008-2012 were 0.033% for export L/Cs, 0.117% for import L/Cs, 0.157% for performance guarantees, and 0.241% for loans for import/export.

ICC Trade Register Report Summary 2014.pdf 

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