IIG Trade Finance Insights Archive/Past Editions
The gap between needed trade finance and available trade finance persists, according to the annual trade finance survey conducted by the Asian Development Bank (ADB). Although the gap closed slightly over the past year from $1.6 trillion to $1.5 trillion, the amount of the shortfall is still staggering.
As in past years, small and medium-size enterprises (SMEs) are the hardest hit. These businesses, along with so-called micro-enterprises, submitted only 12% of total trade finance proposals but received 22% of the rejections. Table 1 shows the breakdown between total global proposals and rejections by region. The survey is based on responses from 515 banks from 100 countries and 1,336 firms from 103 countries.
Perhaps the most interesting finding in the survey is...
Let us know what you think! We, at IIG Trade Finance LLC, welcome your feedback. If you have any comments and suggestions about IIG Trade Finance Insights and the topics we are covering, please drop us a note at firstname.lastname@example.org. We want to make sure we are providing useful information on the most important topics affecting our clients and welcome your input