03 August 2010
Setting the example
Winner: Banco MercantilHighly commended: Banco Del Caribe The trade finance market in Venezuela has seen rough times lately as the country, after the introduction of exchange controls in early 2003, saw its imports almost quadruple during the following five years to some $50 billion and its non-oil exports sink to all-time lows, both as a direct consequence of an exchange rate freeze on the part of the Central Bank of Venezuela. After peaking in 2008, imports have subsided to more reasonable levels and should hover this year to about half...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
22 Feb 12 - 23 Feb 12 | Jakarta
01 Mar 12 - 02 Mar 12 | The Biltmore Hotel at Coral Gables, Miami
28 Mar 12 - 29 Mar 12 | The Marriott Moscow Royal Aurora Hotel, Moscow
So far, emerging markets have escaped the many problems that have troubled the developed world, but can they continue to do so?
Global economic uncertainties call for vigilance in trade credit management - Trade Finance Market Outlook 2012