Trade finance has always been a collective endeavour, but rarely has that been more evident than in 2025. In a year marked by geopolitical uncertainty, increased protectionism, regulatory change and rapid technological acceleration, the industry did not retreat into silos. Instead, banks, corporates, multilaterals and policymakers leaned into collaboration, recognising that resilience in global trade depends as much on shared standards and education as it does on balance sheets.
One of the clearest shifts we observed this year was how banks increasingly positioned themselves not just as providers of liquidity but as partners for their clients.
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