INSIGHTS byNordea Transaction Banking
INSIGHTS by Nordea Transaction Banking
B&R: Bridging the divide between China and the Nordics
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Belt and road
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http://insights.nordea.com/b-r-bridging-divide-china-nordics
Belt and road
Jun 2017
Perspective

China's new international development program, the Belt and Road initiative, could mean opportunities for Nordic companies, especially those with experience in infrastructure and construction. However, to be successful it is important to understand the financial and political risks associated with large-scale development projects in Asia.

The Belt and Road initiative (B&R), originally proposed by Chinese President Xi Jinping in 2013, is an international development initiative composed of the Silk Road Economic Belt and the 21st Century Maritime Silk Road.1  B&R seeks to upgrade and develop railways, roads, energy pipelines, communication links, ports, waterways, bridges and other infrastructure in order to promote trade, travel, and communication between China and its partners. 

The B&R initiative hit the mainstream news in mid-May when Chinese president Xi Jinping hosted a two-day event in Beijing, attended by 29 heads of state. The many voices of support in the audience included British chancellor, Philip Hammond, who was quoted in The Guardian as saying: “I commend President Xi ... for setting in train such a bold and visionary project. This initiative is truly ground-breaking … with the potential to raise the living standards of 70% of the global population.” Noticeably, however, only one G7 leader, the Italian prime minister Paolo Gentiloni, attended the showcase. This low attendance could reflect international concerns that the B&R initiative will mean a boon for Chinese companies at the expense of non-Chinese competitors and that it will allow Beijing to boost its geopolitical power regionally and further afield. 

President Xi’s proposal is incredibly ambitious. As described, it would connect China to over 60 different countries throughout Asia, the Middle East, Europe and Africa, mimicking the far-reaching success of the historical Silk Road. China itself has said it will invest 4 trillion USD into B&R projects, and some experts have predicted a cumulative investment of up to $8 trillion. 

 

1The Silk Road Economic Belt comprises initiatives to connect Asia, the Middle East, and Europe via infrastructure development, increased trade and cultural exchange. The 21st Century Maritime Silk Road is a complementary proposal connecting Southeast Asia, Oceania and North Africa via the Pacific and Indian Oceans. Together, they are known as the Belt and Road inititative, the Belt and Road (abbreviated B&R), or One Belt, One Road (abbreviated OBOR).

 

 

Belt and road
Market view: The outlook for Asian growth
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Market outlook asia
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Market outlook asia
Jun 2017
Interview

We interview Nordea Markets’ Chief Asia Analyst, Amy Yuan, about the impact of regional and global geopolitical uncertainty, declining Chinese growth and the threat of protectionism on the main Asian economies. Amy also takes a look at what the current trends and market outlook mean for Nordic corporates looking beyond Europe to seek higher growth.

Market outlook asia
Metsä Group – A continuous journey to operational excellence
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Metsä Group – A continuous journey to operational excellence
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http://insights.nordea.com/case-mets%C3%A4-group-%E2%80%94-continuous-journey-operational-excellence
Metsä Group – A continuous journey to operational excellence
Apr 2017
Case study
Case

Forest industry company Metsä Group has spent more than a decade centralising its finance operations. Today, Metsä Group is showing the way towards an advanced treasury function and in-house bank, with on-behalf payments and collections.

Corporates will see benefits from Open Banking
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Corporates will see benefits from Open Banking
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http://insights.nordea.com/corporates-will-see-benefits-open-banking
Corporates will see benefits from Open Banking
Apr 2017
Perspective

This March, Nordea released the first version of its Open Banking portal targeted towards external developers, innovative third parties and fintechs. The benefits from this move will reach all segments, including corporates and their treasury and finance departments.

Nokia and SWIFT: Transforming trade finance, one message at a time
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Transforming trade finance, one message at a time
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http://insights.nordea.com/nokia-and-swift-transforming-trade-finance-one-message-time
Transforming trade finance, one message at a time
Apr 2017
Case study, Perspective

Many are betting on blockchain to transform the world of trade finance – but its full impact will be years away, and multibanked corporates are facing complex challenges that won’t wait. We talked to Nokia and SWIFT about what corporates can do to drive improvements today, and the critical role that digital messaging standards are already playing.

Nordea's Economic Outlook Spring 2017
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Nordea's Economic Outlook Spring 2017
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http://insights.nordea.com/nordeas-economic-outlook-spring-2017
Nordea's Economic Outlook Spring 2017
Apr 2017
Report

Inflation is back on track around the globe, but is it here to stay, and what about in the Nordics?

Read more below in our latest issue of Nordea Economic Outlook, an overview of the Nordic and global economies, including economic forecasts and risk scenarios written by our chief economists.

Are you ready for a Payments Revolution?
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Are you ready for a Payments Revolution?
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Are you ready for a Payments Revolution?
Mar 2017

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Mapping the future of trade finance
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Mapping the future of trade finance
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http://insights.nordea.com/node/413
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Mapping the future of trade finance
Mar 2017

Mapping the future of trade finance.

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How Nordic Waterproofing freed €7 million in liquidity
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Nordic waterproofing
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http://insights.nordea.com/how-nordic-waterproofing-freed-eu7-million-liquidity
Nordic waterproofing
Mar 2017
Case study
Case

By partnering with Nordea to create a flexible cash management system, Nordic Waterproofing freed up €7 million of trapped liquidity and reduced annual interest costs by over €300,000, making sure it was fighting fit for its IPO in early 2016.

PSD2 and Open Banking – changing the payment landscape
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PSD2 and Open Banking – changing the payment landscape
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PSD2 and Open Banking – changing the payment landscape
Mar 2017
Guide

The revised Payment Services Directive, PSD2, will enter into EU law on 13 January 2018. PSD2 is one of the main drivers of the ongoing developments and change in the payment market. Together with technology evolution, innovation, new entrants and demand for real-time experience, PSD2 is contributing to changes both in services and infrastructure.

Nordea views this development as a great opportunity to innovate and collaborate in order to create better solutions and services to meet customer needs. One way we are facilitating this is by initiating a project focusing on PSD2 and Open Banking, which will be rolled out during 2017.

PSD2 and Open Banking – changing the payment landscape