We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Stenn International Announced Best Receivables Financier at TFG International Trade Finance Awards
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Stenn International Announced Best Receivables Financier at TFG International Trade Finance Awards

February 12, 2019
No Comments

London, February 12, 2019 - Stenn International Ltd. ("Stenn"), a provider of trade financing solutions across global markets, has been awarded "Best Receivables Financier" by Trade Finance Global (TFG).

Stenn International is amongst some of the many organisations recognised and commended for their contribution to the trade sector at the 2019 International Trade Finance Awards.

The provision of capital to businesses in a world of increasing regulatory scrutiny, tightening monetary policy and a competitive lending landscape continues to be a challenge to financiers. TFG have identified the market leaders who are actively helping to fund the USD $1.5 trillion trade finance gap, taking into consideration ethical and sustainable financing practices, delivering efficiencies in trade finance and modernising the industry.

Deepesh Patel, Head of Marketing at Trade Finance Global, said: "Given Stenn International's innovative products, from trade to receivables finance, as well as their non-bank status, Stenn is able to finance in sectors and geographic regions currently under-served in global trade.

"Having extended its capital program for trade finance by $500m in 2018, we're confident of Stenn's ability to finance receivables in light of Basel III restrictions on trade finance, the regulatory landscape, and geopolitical challenges between emerging and developed economies," he added.

Kerstin Braun, PhD, President at Stenn Group said: "I am honoured that Stenn was nominated and accepted as the Best Receivables Financier. It puts in perspective that our hard work has truly impacted the global trade community - that we're making a difference for international companies. Our core goal is to fuel international trade and finance the potential of every company, so I'm happy to see this mission follow through. I appreciate this recognition and feel even more passionate and motivated to bring innovative solutions to more and more beneficiaries."

She added: "I'm also proud of the expansion of our geographic footprint. By the end of 2018, our portfolio of countries that we work with reached 70 countries. I'm proud that we can allow suppliers and buyers in even more countries to access our solutions. Moving forward, we aim to work with 120 countries, which is 60% of all countries and 90% of the global GDP."

The winners for the Trade Finance Global 2019 Excellence Awards were announced this morning, as follows:

Best Financiers Category

Best Trade Financier - Commerzbank AG
Best Receivables Financier - Stenn International
Best Invoice Financier - Bibby Financial Services
Best Alternative Financier - GapCap
Best Export Credit Agency - UKEF
Best Islamic Financier - Abu Dhabi Islamic Bank
Best Supply Chain Financier - Demica

For more information on the Awards and interviews with the winners, please click here.


ABOUT TRADE FINANCE GLOBAL

TFG are experts in structured trade finance, helping companies to trade, import or export goods and services.

We have a network of over 270 banks, funds and alternative lenders across different geographies, allowing us to help almost any trading company to access finance.

https://www.tradefinanceglobal.com

Contact:

Media.Team@tradefinanceglobal.com

ABOUT STENN INTERNATIONAL

Stenn International Ltd. is a UK-based, non-bank trade finance provider specialized in cross-border trade. Stenn's trade finance solutions are comprehensive and can be combined to cover the entire supply chain from purchase order to delivery of goods. Innovative practices allow Stenn to finance in sectors and geographic regions currently unserved in global trade. The company operates globally with offices in Los Angeles, Dallas, New York, Miami, London, Amsterdam, Dusseldorf, Berlin, Mumbai, Chennai, Singapore, Hong Kong, Guangzhou, Hangzhou, Suzhou, Shanghai and Qingdao. Learn more at https://stenn.com or follow us on Twitter, LinkedIn and Facebook.

Contact:

Sue.Hinton@stenn.com

More Info: https://www.tradefinanceglobal.com/services/international-trade-finance-awards-2019/#ste

Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
  • Related Articles

    Stenn Shortlisted as "Best Alternative Trade Finance Provider" for GTR's Leaders in Trade Awards

    Stenn International Ltd.'s Victor Yankovsky to Speak at ICC Academy's SCF Summit

    Stenn International President Kerstin Braun Recognized as 2019 Pro to Know

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: parcel delivery drivers are frustrated by using their own smartphones for work

  • Survey: most Americans unaware that truckers face shortage of parking spaces

  • Best practices in logistics sustainability

  • Supply chain executives not yet seeing expected results from technology investments

  • Postal Service plans to seize items mailed with fake stamps

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Five tips for parcel success in 2023

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing