Global trade finance gap hit $2.5 trl – ADB

The global trade finance gap grew to a record $2.5 trillion last year from $1.7 trillion in 2021, according to an Asian Development Bank (ADB) survey released, on Tuesday,  in Manila, Philippines. This is because continued constraints reduced the capacity of banks to deliver trade financing. The trade finance gap is the difference between requests … Continue reading Global trade finance gap hit $2.5 trl – ADB