Despite their importance to the world economy, SMEs often face problems accessing credit when and where they need it. Their banking needs are often more complex than the usual retail banking customer and they don’t offer banks the revenue potential of larger corporations.
Many may think the phrase “trade finance” is really just a euphemism for financial complexity. Yet the historically paper- and manually-intensive processes are giving way to modernisation and digitisation. Pay close attention to the changes.
Consumers, companies and regulators are increasingly demanding sustainably-made and socially responsible products, so it has never been more important for corporates to maintain a responsible supply chain.
While the pickup in global economic growth remains on track, companies in Asia continue to report difficulties in getting paid on time.
Asia Pacific economies are showing strong economic growth but a record number of companies have seen delayed payments.
Domestic banks could feel the greatest impact from the trend, an East & Partners survey suggests.
The digital currency has risen sharply since the start of the year and is above the US$1,800 level for the first time.
‘Export or die’ is a well-established maxim, but one with added relevance in the post-Brexit era as exporters seek out new markets around the world.
The banking sector has had its own way for many years, but today it pays to look beyond the norm and non-bank funding options when it comes to financing business.
The fifth Supply Chain Finance Summit, held in Singapore earlier this month, focused on the factors shaping the region’s supply chain finance.