Publication Date

9-2017

Abstract

Key Points

• The global trade finance gap is estimated at $1.5 trillion.

• 40% of the gap originates in Asia and the Pacific.

• 74% of rejected trade finance transactions come from SMEs and midcap firms.

• Female-owned firms report higher rejection rates, and are less likely to find alternatives in the formal financial sector.

• At least 36% of rejected trade finance may be fundable by other financial institutions.

• A 10% increase in trade finance could boost employment by 1%.

• 80% of banks report digitization will cut costs, yet no evidence that savings translate to tional trade finance apacity.

Comments

Suggested Citation
Di Caprio, A., Kim, K., & Beck, S. (2017). 2017 Trade Finance Gaps, Growth and Jobs Survey (ADB Brief No. 83). Mandaluyong City, Philippines: Asian Development Bank.

Required Publisher's Statement
© Asian Development Back. Available at ADB’s Open Access Repository under a Creative Commons Attribution license (CC BY 3.0 IGO).

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