ICC release latest version of Trade Register Report


The ICC today released the latest Trade Register Report. This report covers an analysis of over 13 million transactions from 2007-2014, with a total exposure of over USD7.6 trillion. The report highlights that the exposure-weighted default rate for export letters of credit was only 0.02% over the period 2008-2014, with a transaction default rate as low as 0.01%. The default rate for short term loans for import and export, which is the highest across the products analysed, was only 0.06%.

Trade Register Report 2015.pdf 

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