SUBSCRIBERS

Trade finance platforms pivot as banks take risk-off mode

Kelly Ng

Published Mon, Apr 26, 2021 · 05:50 AM

Singapore

A NEW exchange will soon come from PrivEx to facilitate the trading of corporate loans among financial institutions.

But it is not alone. Other fintechs have taken a stab at digitising loan distribution, though this has chiefly been in trade finance. And as banks take a risk-off mode in trade finance, these nascent platforms have had to make small pivots too.

KEYWORDS IN THIS ARTICLE

Trade finance

Singapore fintech

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Banking & Finance

Hot stock: DBS hits all-time high on record Q1 net profit
Asia’s retail investors hunt for fabled crypto riches
Yen surges on suspected intervention by Japanese authorities
KKR’s earnings rise 20% on strong management fees, annuities business
Mastercard’s profit beats as consumer spending defies inflation worries
NAB’s cash profit falls 13%, to buy back A$1.5 billion of shares

Purchase this article

Companies & Markets

Banking & Finance

Trade finance platforms pivot as banks take risk-off mode

Kelly Ng

KEYWORDS IN THIS ARTICLE

Banking & Finance

Hot stock: DBS hits all-time high on record Q1 net profit

Asia’s retail investors hunt for fabled crypto riches

Yen surges on suspected intervention by Japanese authorities

KKR’s earnings rise 20% on strong management fees, annuities business

Mastercard’s profit beats as consumer spending defies inflation worries

NAB’s cash profit falls 13%, to buy back A$1.5 billion of shares

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT