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ICISA concern over deteriorating trade environment
07 February 2012
The International Credit Insurance & Surety Association (ICISA) has expressed concern over the deteriorating trade outlook for 2012, and the lack of financing by banks.
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International Credit Insurance & Surety Association
ICISA
Members of the International Credit Insurance & Surety Association (ICISA) have expressed concern about a possible further deterioration of trade brought on by sovereign debt, in particular in the European Union, the USA and Japan, and a lack of adequate financing by banks.
In the organisation’s trade credit insurance outlook for 2012 it expressed a negative outlook for trade throughout this year, in line with lack of adequate financing by banks and continued country downgrades. However, members are reporting a growth in trade in...
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