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Energy Capital & Power / Press release | Bridging Africa s Trade Finance Gap: Trade and Development Bank to Speak at IAE 2024

$11 49m Injection For Traders

Trade finance gap grows to record levels

Rising interest rates, dwindling economic prospects, high inflation and geopolitical instability have drastically reduced banks’ capacity to deliver trade financing. What will reduce the gap?

Global trade finance gap at record $2 5 trillion, says ADB

As per the survey respondents, they fought various constraints last year. Further, the Russia-Ukraine war also hit their trade finance portfolios.

exim bank: Exim Bank launches factoring subsidiary in GIFT city

Exim Bank has launched India Exim Finserve, its subsidiary, in GIFT City, Gujarat. The company will provide a range of services for Indian exporters, focusing on export factoring with a combination of receivables financing, accounts receivable servicing, and coverage of non-payment risks.

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