According to the recent forecast report made by the Coalition, the trade finance industry is expected to regain its stability in 2021 after experiencing almost a decade of diminished or constant revenues.
Coalition is an S&P Global-owned research company according to which the revenues have a scope of rising beyond the pre-pandemic levels as soon as in the coming year of 2022.
When it comes to the financial instruments of Trade Finance boosting companies’ imports and exports, the influencing providers across the world include HSBC Holdings PLC, Citigroup Inc., BNP Paribas SA, Standard Chartered PLC, and Deutsche Bank AG.
Read more: https://www.emeriobanque.com/news/banks-expect-trade-finance-revenue-growth-in-2021
I must say that HSBC is one of the banks worldwide that has grown the most lately. Excellent article
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