Banks tap emerging markets growth The rapid expansion of trade within emerging markets is a big opportunity. But Basle III requirements represent a huge risk to trade finance.
Trade finance banks tap emerging markets growth
The rapid expansion of trade both between and within emerging market regions is an opportunity as well as a challenge.
Basle III has been flagged as perhaps the most important development in the recent history of trade
finance. Within the industry, opinions are sharply divided: the only thing that everyone can agree on is that Basle III is occupying a lot of senior bankers’ time.