《ICC_Trade_Finance_Report》.pdf

For immediate An ICC Banking Commission Market release Intelligence Report Rethinking Trade Finance 2009: An ICC Global Survey 31 March 2009 Highlights A Global Survey Based on Responses from 122 Banks in 59 countries The Impact of the Crisis on Trade Finance Trade Finance 2008, prospects for 2009 Document No. 470-1120 TS/WJ 31 March 09 ICC Department of Policy and Business Practices Contact: Thierry Senechal Policy Manager, Banking Commission Executive Secretary, Corporate Economists Advisory Group (CEAG) International Chamber of Commerce (ICC) 38 Cours Albert 1er, 75008 Paris, France phone: +33 1 49 53 28 98 fax: +33 1 49 53 28 59 thierry.senechal@ Rethinking Trade Finance 2009: An ICC Global Survey Acknowledgement The ICC Survey would not have been possible without the pathbreaking work done during 2007-2009 at the ICC Banking Commission. We would like to thank Mr. Gary Collyer, Technical Advisor of the Banking Commission, Mr. Vincent O’Brien, Banking Commission Representative to the WTO Group of Experts, and Mr. Leo Cullen of Coastline Solutions for their timely inputs on this report. Mr. Ron Katz, the Senior Editor of ICC DCINSIGHT has reviewed the document with great care and made numerous valuable suggestions. We would like to express our gratitude to Andrew Wilson of ICC