Trade finance

DBS loan demand to remain strong in H1, full-year growth likely at 5% to 6%: CEO Tan Su Shan

The bank has other assets to deploy into if loan demand declines in H2 amid persistent trade war

Investments in digital infrastructure ensure Singapore remains competitive, offering businesses a stable and secure platform for cross-border commerce.
COMMENTARY

Navigating economic uncertainty: Strengthening trade through digital connectivity

Platforms that enable secure and verifiable real-time data exchanges can enhance trust and mitigate fraud

Piyush Gupta (centre), chairman of the Association of Banks in Singapore (ABS); Ong-Ang Ai Boon (left), director of ABS; and Tan Chin Hwee, chairman of SGTraDex, commemorate the collaboration between Trade Finance Registry and SGTraDex on the bill of lading genuineness check at the ABS Chinese New Year lunch on Feb 12.

ABS introduces digital tool for banks to verify trade financing documents

It relies on a secure, end-to-end data connection between the Trade Finance Registry, SGTraDex, carrier data aggregators and ocean carriers

Lower demand for US goods is likely to be partly a result of the weakness of Europe’s biggest economy, which suffered its second annual contraction in 2024.

Germany’s record trade surplus with US set to stoke tensions

The balance stood at 69.95 billion euros in 2024, up more than 10% from a year earlier

“You never know when something can break out or escalate; what we do know is that the world has a new disorder,” says Lim Chen Chen, UOB’s group head for structured trade and commodity finance.
THE BANKER

Manage risks in commodity financing by bracing for constant uncertainty: UOB’s Lim Chen Chen 

Commodities have become more strategic than ever, says UOB’s group head of structured trade and commodity finance

Transforming financial services will be the key to future proofing, according to Shayan Hazir, CDO, HSBC.
SPONSORED

BT Future of Finance: Transaction banking and trade finance (Ep 1)

What does the Future of Finance look like? According to HSBC, trade finance will lead the way. Correspondent Howie Lim speaks to Shayan Hazir, CDO, HSBC.

Dhruv Arora, founder and chief executive of Syfe. To tackle the problems of conventional banking, Syfe worked with HSBC to co-create a solution that leveraged virtual accounts and instant credit notification for its brokerage platform.
BUILDING SMARTER BUSINESSES

Creating a seamless client experience with virtual accounts

A new digital solution supports Syfe’s overseas expansion and allows investors to capitalise on time-sensitive market opportunities

Wholesale central bank digital currencies could facilitate cross-border payments in international trade.

Wholesale central bank digital currencies could change cross-border payments

Despite excitement around retail CBDCs, wholesale CBDCs are the ones to watch

Gopal Balakrishnan, managing director and chief executive of A-Star Group, which Asti sits under. With HSBC's Receivables Finance solution, Asti can raise cash against its outstanding invoices without waiting months for customers' payments.
BUILDING SMARTER BUSINESSES

Bridging the cash flow gap, with receivables financing

A-Star Testing & Inspection can now cut through the paperwork and flexibly draw cash when needed, ensuring on-time payments to staff and suppliers