We interview Dr.Graham Bright JP, Head of Compliance and Operation Euro Exim Bank, a financial institution with global ambitions in trade finance. James Brown: Can you provide a brief overview of Euro Exim Bank and its core trade finance services? Dr.Graham Bright: Euro Exim Bank Ltd, is an authorised, supervised bank, regulated by the Financial Services Regulatory Authority of St. Lucia (FSRA). We are also a member of the Caribbean Association of Banks (CAB) and the International Chamber of Commerce (ICC).
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Costal Dreams
Sea Front Villa gets its name by being a unique front line luxury property overlooking the sea. It’s located in Quinta da Marinha, a well-known selected resort in the Estoril – Cascais area, considered the Portuguese Riviera for its lovely dune extended beaches, ancient enchanting palaces and refined lifestyle. Ricardo Oliveira Alves Architectural Photography – fotografia de arquiteturaHouse in Quinta da Marinha | Arq Tailors Laying in a plot of land of 3.050 m2 and built area of 1.068 m2, this twelve room family house was intended to be a showcase for elegant, contemporary architecture and design. In order to…
Trade Finance And SMEs: Connecting The Pieces
Despite high inflation, record energy prices, and geopolitical uncertainty, demand for SME trade finance is on the rise. Access to finance is one of the biggest obstacles to business growth for SMEs, according to the World Bank. The global trade finance gap is estimated to have increased to $1.7 trillion in 2020 from $1.5 trillion in 2018, largely due to the COVID-19 pandemic. Business owners are facing barriers when it comes to receiving loans because of a hesitancy among high street banks to lend to smaller firms. Trade constitutes the backbone of every economy and 80-90% of global trade requires financing.
Special Economic Zones Are Reshaping The World Economy
SEZs are business parks granted legal autonomy to improve their governance. Companies operating within SEZs enjoy unique tax breaks, streamlined government regulations, special VISA rights and different labor laws. This enables businesses to operate in emerging markets without the usual problems that businesses in the developed world face. Understandably, SEZs have become increasingly popular among emerging market investors. In 1979, there were 200 SEZs. Now, there are more than 12,000. Governments are spending ever-larger amounts of money on SEZs in an attempt to cash in – the Saudi Arabian sovereign wealth fund plans to invest $500 billion USD in NEOM,…