Asia trade finance bounces back

Fourth-quarter numbers from Asia’s biggest trade finance banks suggest that business in the region has bounced back rapidly. Corporates have changed their approach to their manufacturing bases and supply chains, and have accelerated their use of technology. In the first of a two-part series, Euromoney finds there are lessons here for the rest of the world when the pandemic eventually eases.

part two

• TREASURY

  

  Is it finally time for blockchain to transform trade finance?

  For years, trade finance and cross-border payments have looked ripe for disruption by distributed-ledger technologies. Asia provides some firm examples of breakthroughs, but – in the second of a two-part series – Euromoney asks whether trade finance will always be just that little bit too complicated for the blockchain?

  Chris Wright, January 29, 2021

It is now roughly a year since most of us first heard of Covid-19. One year on, Asia is taking stock of the impact on cross-border trade, while the region’s bankers and corporates are digesting what they have learned along the way.

There