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ICC Banking Commission signs partnership with Global Credit Data to boost scope of Trade Register

10/10/2018

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:

https://iccwbo.org/media-wall/news-speeches/icc-banking-commission-signs-partnership-global-credit-data-boost-scope-trade-register/

 


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