Global trade finance gap at record $2.5 trillion, says ADB
As per the survey respondents, they fought various constraints last year. Further, the Russia-Ukraine war also hit their trade finance portfolios.
Source: indiatimes.com
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Global trade finance gap at record $2.5trn, says ADB
As heightened economic risks left banks’ financing capacity stretched, according to the Asian Development Bank.
Source: moneyweb.co.za
Q&A: Steven Beck on Global Supply Chains, Trade Digitization and Sustainability
Steven Beck, head of ADB’s trade and supply chain finance program, discusses how ADB is assisting businesses in their transition to a digital and sustainable economy.
Source: adb.org
ADB Signs Agreement with DBS for SME Supply Chain Support
The Asian Development Bank and DBS Bank of Singapore have signed an agreement to help small and medium-sized enterprises in developing countries of Asia and the Pacific to participate in global supply chains.
Source: adb.org