Exclusive: Banks clamp down on trade finance guidelines
CT’s annual Asia trade finance survey reveals how banks are playing a more cautious game when it comes to providing trade finance services. Countries and industry sectors were a major focus point, the results reveal.
Asia’s lenders are becoming more strict over where they hand over their balance sheets, treasurers and CFOs claim. According to the results of CT’s most recent trade finance survey, banks are more cautious when it comes to certain countries and industry sectors.
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