New trade finance vision could open opportunities for asset owners
A new report by McKinsey & Company outlines a vision for global trade finance that could allow institutional investors to help fill the broadening financing gap.
Trade finance is arguably the oldest branch of finance — facilitating the movement of goods and services around the world — and has grown into a $5.2 trillion dollar ecosystem. However, evidence is mounting the private debt segment of the sector needs to improve.
A recent Asian Development Bank study estimated that the gap in trade finance availability reached $1.7 trillion in 2020, representing 10% of global trade.
“Supply chain disruptions generated by Covid-19 have actually b…
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