Balanço Eventos
Trade Finance and Global Markets Event - Thursday, 31st March 2022
Société Générale Moçambique has organised today, March 31st, a Business Breakfast under the theme Trade Finance, Global Markets and Commodities to share with clients and the business community at large, recent updates on these topics.
“At Société Générale Moçambique, we believe in a banking model based on partnerships with our customers by working together and helping them develop their businesses, and therefore extend their activities.” said Sterghios Dassarecos, CEO of the Société Générale Moçambique.
Société Générale Group is present in 66 countries. It finances International Trade through 4 regional hubs and has corresponding network of 450 banks, being one of the largest in the banking sector globally.
During the event, Leovic Fotso Regional Director for Central and Eastern Africa Payments (based in Cameroon) and Helena Manjate, Manager of the Global Transactional Banking Unit (SG Moçambique) presented this network and its benefits for Mozambican entrepreneurs. Their intervention looked at 3 main points: the trade finance options for pre-shipment and post-shipment, payment methods and guarantees available for importers and exporters, plus matching the company’s needs to the right financing options.
Further insights where shared, namely Emídio Branquinho, Head of Treasury and Global Market (SG Moçambique). Addressing the economic overview for Mozambique, Emidio Branquinho, spoke about the events that impact the local economy, the forex liquidity in Mozambican market and hedging solutions available for trade finance.
Ismael Dimé, Specialist Foreign Exchange Markets of the Africa Region (based in Paris), looked at the performance of the global markets, discussing the impact of Ukraine war in current markets and how African markets perform in these situations. He also covered the ongoing macroeconomic trends in SA, US, Europe and China.
