Supply Chain Finance (SCF)

12 articles
letters of indemnity fraud

Fraud: Losses, Losers, and LOIs

Within the recent past, trade finance banks have suffered billions in losses due to fraud. This has obliged many banks to reconsider their role in financing trade flows whilst others have simply abandoned the business. Citing Glencore, Navig8 Armetrine, and Hin Leong

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