Asia accounts for big chunk of global trade finance gap: ADB study
Asia accounted for $692 billion of the global trade finance deficit of $1.6 trillion in 2015, hurting growth and jobs, a study by the Asian Development Bank found.
The trade finance gap in Asia reached $692 billion last year, according to an Asian Develoment Bank study released on September 7. The study, 2016 Trade Finance Gaps, Growth, and Jobs Survey, found a trade finance deficit in 2015 of $1.6 trillion worldwide, out of a total global market of $6.5 trillion to $8 trillion. The global trade finance deficit in 2014 was estimated at $1.4 trillion.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
