RECORDING
Key Takeaways
1. Trade Finance as a Growth Tool
François noted, “Thanks to trade finance, you can find an appropriate financing of transactions and hence enabling you to expand your business and also to secure your profit margin.”
2. Stable Demand for Trade Finance
Peter added, “It’s not a huge increase because it’s more expensive than a classic loan at the bank,” indicating that while demand remains stable, companies are cautious about costs.
3. Alternative Funding Options
Udo highlighted the importance of understanding risk profiles, stating, “The interest rate as such is perhaps not really the factor which is basically telling how much interest you are going to pay. It’s more the risk profile.”
4. Embracing Technology
François emphasized the need for continuous education and networking, saying, “Participating in conferences, workshops… is very important,” to stay updated on new solutions.
5. Collaboration Across Departments
Udo pointed out, “It’s important as well not to think in silos, but understanding their requirements,” stressing the need for treasury teams to work closely with accounting and other departments.
6. Curiosity and Openness to New Solutions
Peter encouraged attendees to “be surprised about what companies like Ebury or brokers can offer,” advocating for an open-minded approach to exploring new financial solutions.
Conclusion
Reflect on what you have heard during the session: how does this fit with your treasury approach? Are you open to new technologies and ways of working? Consider how you can encourage curiosity and innovation within your team and lets together turn treasury into a revenue driver!
Stay tuned for more insights and discussions in the upcoming sessions planned for 2025!