Supply Chain Council of European Union | Scceu.org
News

Trade finance bounces back, but supply chain resilience remains a challenge

The most recent Coalition index for transaction banking shows that trade finance grew in line with the recovery in overall trade during the first half of 2021. This meant that trade finance revenues actually enjoyed one of their biggest increases since the beginning of 2015. It was the result of a strong recovery in trade volumes from the pandemic-subdued activity in 2020.

In structured trade finance, a rise in commodity prices and trade volumes led to improved commodities trade finance and export finance performance. Supply chain finance volumes also grew.

Traditional financial institutions have played a key role in trade finance advisory and enablement, especially in terms of paperless trade and other forms of digitalization, as well as funding and risk management requirements through clients’ supply chains.

Elsewhere,

Related posts

Pasta supply chain gives producers food for thought

scceu

Supply chain management company expands | Business Announcements

scceu

Exponential Growth Expected for Healthcare Supply Chain Outsourcing Market With Complete SWOT Analysis by Forecast From 2022 to 2029 Arden Incorporated, Accenture Plc, Expeditor

scceu