The ICC Banking Commission has announced a long-term agreement with Global Credit Data (GCD), an association owned by banks and home to the world’s largest database of bank defaults, to strengthen analysis within the market-leading ICC Trade Register.
The ICC Trade Register was established in 2011 and has since grown to include 22 member banks, covering over US$10.5 trillion of exposures and more than 20 million trade finance transactions. The trade finance products included in the register have traditionally been letters of credit, loans for import/export and performance guarantees. The next edition, to be released in the first quarter of 2019, with Boston Consulting Group as a strategic partner, will expand to include supply chain finance products and export finance provided by non-OECD export credit agencies. Data collection for the report will begin in October 2018.
For further details and access to the latest Trade Register report access the following link: