Dear valued client,
The theme for this month’s Sibos conference, which will bring together experts from across the finance industry in Toronto, is ‘collaborative finance in a fragmented world’. This references the complex challenges currently facing both financial institutions and the businesses they serve – some of which we address in this new edition of our IN.sights newsletter.

The ongoing volatility of today’s geopolitical environment is disrupting and redirecting the flow of international trade, bringing with it both challenges and opportunities. What is new is that this change now comes at the intersection of the broader sustainable and digital transformations underway in the global economy.

Both of these transformations are in focus in this edition of IN.sights. We hear from Commerzbank experts on how the energy transition is reshaping global trade corridors, and on the impact of global ESG standards on African markets. Our specialists also discuss the latest trends in payments digitalisation and recent progress in cross-border instant payments.

We hope you will take a moment to enjoy our latest edition of IN.sights. For those of you attending Sibos, I look forward to seeing you in Toronto!

Innovation focus

Beyond the trends: what’s next for payments digitalisation?

The pace of technological change in the payments space is hard to overstate. Ahead of her panel session at Sibos, Simone Löfgen discusses the major innovations and developments defining the sector.
Learn more ➔‍

Regional spotlight

Financing the transition in Africa: pathways to sustainable prosperity
For emerging markets looking to take the next step in their economic and industrial development, sustainability implies more than just reducing carbon emissions. We hear from Kristina Holzhäuser on the challenges and the opportunities for African economies in this new environment.
Learn more

Expert view

Recalibrating the energy market: powering the future through renewables and new partnerships
As the global energy crisis drives the transformation of trade corridors, emerging markets are poised to play a new role. Dr Fabian Schlüter and Christian Toben examine the importance of robust infrastructure and a willingness to invest in making these regions reliable sources of renewable energy.
Learn more ➔ ‍

Commerzbank in the News
Impact Festival: Europe’s largest B2B sustainability event returns

This year’s Impact Festival was held in Frankfurt on 13 and 14 September. Hosted by Neosfer, Commerzbank’s research and development unit, the two-day flagship event brought together key stakeholders including GreenTech startups, SMEs, corporate sustainability managers and investors – with a common goal to foster the sustainable transformation across the economy.

Commerzbank carries out first live transactions on trade finance network Contour

In a first for a German bank, Commerzbank has successfully executed trade finance transactions on the decentralised platform Contour, with the completion of two blockchain-based Letter of Credit (LC) transactions by Commerzbank’s Singapore and Shanghai branches. Commerzbank completed one LC transaction for its client, Singapore-based textile trader Ascentex Exim LLP, and acted as the issuing bank for the second transaction for Nanjing Iron and Steel Company.
With these live transactions the bank has reached a milestone in its commitment to driving digital innovation and delivering value-added solutions to its clients. By leveraging the power of advanced technology, Commerzbank aims to enhance efficiency, reduce costs and provide greater accessibility to trade finance, ultimately enabling businesses to thrive in today’s rapidly evolving global marketplace.

Global Finance names Commerzbank Germany’s Best Trade Finance Provider and a Leader in Sustainable Finance

At a ceremony in London in June, Commerzbank was presented with an award for leadership in Sustainable Finance in Germany by Global Finance. This awards programme recognises global, regional and local leadership in sustainable finance and celebrates financial institutions that stand out for their efforts to ensure adequate financing for sustainable initiatives.
This is the second year running that Commerzbank has won this award, following the inaugural country awards last year. This award is testament to Commerzbank’s commitment to sustainability across its operations and lending portfolio.
Commerzbank was also awarded Best Trade Finance Provider in Germany for the fourth consecutive year. The Trade Finance & Supply Chain Finance Awards 2023, organised by the banking and finance magazine, are based on data gathered from banks, analysts, corporates and other industry players.

Commerzbank AG‍The bank at your side

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Commerzbank website
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Supervisory authority responsible:
European Central Bank, Sonneman‍nstraße 2‍0, 60‍314 Fra‍nkfurt/Main
Federal Financial Supervisory Authority, Graurheindorfer S‍traße 10‍8, 53‍117 Bo‍nn, Germany
and Marie-C‍urie-Str‍aße 24–28, 604‍39 Frankf‍urt/Main, Germany
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