Cracking the conundrum

Banks can still make money from inefficiencies in Asia''s financial supply chain. But it will not continue.

Global trade is expanding at an annual clip of 7%-9% but banks' involvement in the financing of the trade is decreasing. 50 years ago, letters of credit accounted for 80% of global trade finance, now they are less than 20%.

Banks are thus looking at how to reinvolve themselves with their clients' supply chains and so boost their role in global trade.

In Asia, the position is heightened because due to the...

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CONFERENCES

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    25 May 2017  |  Singapore
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    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...