Until fairly recently, International Trade Finance was mistakenly viewed as simply about documentary letters of credit. While this was never true, it is becoming less so every year. In fact, what at HSBC we are seeing products initially developed for the international market are in demand within the domestic finance markets. International Trade Finance, or simply Trade Finance, is about maximizing working capital and minimizing risk, at the lowest possible cost.
It is a transactional approach to finance where: the parties, types of goods/services and timelines involved are all analysed to find the most workable cost effective solution. This presentation will go into some of the tools we use to do that.
Barbara Shaw received her international MBA from IESE in Barcelona, Spain. This experience led her to a career that has been almost entirely focused on international trade. After serving eight years with the Department of Foreign Affairs and International Trade (DFAIT) as a Trade Commissioner and14 years in banking in international trade finance roles, she remains passionate about helping companies to expand their businesses into whatever part of the world offers them the greatest opportunities. Barbara has been with HSBC for just over one year and is enjoying working within an institutions that has such a core focus on international business.