China’s big four state-owned banks are finally getting to grips with merging their cash and trade divisions. So far, the effects have been limited, but the principle is sound, CT explains.
The days of paying in US dollars between corporate treasuries in four ASEAN countries could soon be numbered following an agreement between Thailand, Indonesia, Malaysia and the Philippines
China’s move to digitize its commodities trade with an ‘open platform’ has received a green light from the government. Expect more blockchain trade soon.
A new report from East & Partners shows that Mitsubishi UJF customers are the most likely in Asia to recommend their trade financier to colleagues and business associates
The bank payment obligation (BPO) is often seen as an earlier effort to digitise trade finance, but it may still have a role to play even as blockchain trade platforms mushroom every month
The Italian bank promotes its trade finance lead to head global transaction banking in the Asia Pacific region and makes a fresh appointment to its financial institutions group
Cryptocurrency markets may continue to crash and ‘blockchain’ could go out of fashion, but it does not mean the digitization of trade finance will stop
