FimBank president addresses Trade and Export Finance Conference in India

FimBank plc president Margrith Lütschg Emmenegger was one of the main speakers at the India Trade and Export Finance Conference, which was held recently in Mumbai.

In her presentation, Ms Lütschg Emmenegger addressed issues relating to the role of factoring in emerging markets.

She did so by means of a case study which highlighted the benefits inherent in allowing high risk suppliers to transfer credit risk. The case study presented by FimBank's president also laid emphasis on the value of such products for small- and medium-sized enterprises.

Considered the leading event for trade and export professionals within the Indian market, the conference succeeded in getting together representatives of diverse market players such as financiers, corporates, importers and exporters, manufacturers, export credit agencies, government officials and multilaterals.

The event tackled various trade and export-related issues within the context of recovering world markets and rising trade flows between India and its key markets.

Topics discussed included India's role at the centre of the financial supply chain management, trade flows between India and other markets, the role of trade finance as well as the maintenance of liquidity in difficult times. Veena Mankar, a consultant at FIMBank, acted as moderator of one of the panel discussions during the conference.

This high-profile event was sponsored by JP Morgan, Bank of America and FIMBank For further information about FIMBank one may visit the bank's website at www.fimbank.com.