Welcome to the latest edition of FCI's In-Sight Newsletter.
In this edition, FCI Chairman, Patrick de Villepin, reflects on his time as chairman and shares the adaptions FCI made during the pandemic.
Peter Mulroy presents an analysis of the 2020 Industry figures, highlighting the rise of zombie companies in the current environment and the changes in the behaviour that arose.
Lin Hui interviews Philip Cheng and John Beaney (HSBC) about the introduction by HSBC of factoring practice in the UK as well as their experience of the FCI member benefits.
Josep Selles gives us an overview of the development of FCIreverse and where we stand now.
Yüce Uyanik explains the rules developed in facilitating Islamic International Factoring as well as the webinar organised on this subject to help members to understand more on how to create agreements with Islamic correspondents.
Nassourou Aminou explains how to set up factoring activity within a bank in Africa.
FCI’s latest members, Facevalue, GlobalCorp, Kapitalbank and OTP Bank Moldova are introduced.
Aysen Çetintas presents the new upcoming Supply Chain Finance and Reverse Factoring E-learning Course that will be available soon.
Spyros Tsolis highlights the upcoming webinars of FCI Academy, covering a large range of knowledge for the industry.
The work carried out by the Central Bank of West African States (BCEAO) to diversify the financing instruments including the Draft Uniform Lax relating to the factoring activity and promoting the financial tool is explained.
Betül Kurtulus explains the lower impact of the Delta variant on economies in the emerging markets.
Souvik Chakraborty explains the reason for Edifactoring messages and the ongoing innovations in the field proposed and how it facilitates the role of EF and IF.
Finally, we remember Joy Zhu, a member of the FCI Executive Committee who passed away in July. She was a big part of the FCI family since 2006.
This edition is packed full of interesting articles and key industry insights, we hope you enjoy the reading.