Report forecast the global trade finance market to
grow at a CAGR of 3.29% over the period 2014-2019.
Trade finance is provided by banks to various
trading companies for cross-border transactions. It drives the growth of a
country's GDP. When a country produces goods or services, it exports some of
those goods and services to other countries. However, there is a time lag
between the production and delivery time, which leads to a certain degree of
uncertainty about whether the parties involved will honor their part of the
transaction. Hence, the importing country appoints a bank to issue a financial
instrument that promises to make the payment to the exporting country upon the
successful delivery of the consignment.
Trade financing is used by banks to finance
overseas transactions. This report takes into account the various instruments
used in trade finance, such as traditional trade finance instruments and supply
chain finance instruments.
According to the report, one of the major drivers
of this market is the strengthening of global trade, which is now expected to
accelerate following the recovery period of 2009-2013. Growth is expected to
stem from the emerging nations with special initiatives such as South-South
trade, which has led to a rapid increase in trade finance opportunities for the
nations in that area.
Further, the report states that one of the main
challenges in this market is the operational costs involved in complying with
ongoing sanctions and regulations. These regulations have forced banks to incur
high costs to cover risks, which will eventually increase the costs for
clients.
Global Trade Finance market 2015-2019, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers North America, Latin America, Europe, and APAC and
MEA; it also covers the global trade finance market landscape and its growth
prospects in the coming years. The report also includes a discussion of the key
vendors operating in this market.
key players in the global trade finance market: BNP
Paribas SA, Citigroup Inc., HSBC Holdings plc, JPMorgan Chase & Co. and
Mitsubishi UFJ Financial Group Inc.
Other Prominent Vendors in the market are: ANZ,
Arab Bank, Bank of America Merrill Lynch, Commerzbank Group, Credit Agricole,
Deutsche Bank, Itaú Unibanco Group, Nordea, Royal Bank of Scotland Group,
Santander Group, Standard Chartered Bank, Sumitomo Mitsui Financial Group and
Wells Fargo
Key Regions
- APAC
- Europe
- Latin America
- MEA
- North America
Key Stock Exchanges
- Hong Kong Stock Exchange
- London Stock Exchange Group
- New York Stock Exchange
- Shanghai Stock Exchange
- Singapore Exchange Limited
- SIX Swiss Exchange (formerly SWX Swiss Exchange)
Market Driver
- Growing global trade
- For a full, detailed list, view our report
Market Challenge
- Compliance with sanctions and regulations
- For a full, detailed list, view our report
Market Trend
- Shift from traditional trade finance products to open accounts
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 131 pages and 57
Exhibits “Global Trade Finance Market 2015-2019” report covers Executive
Summary, List of Abbreviations, Scope of the Report, Market Research
Methodology, Introduction, Market Landscape, Market Segmentation by Trade
Finance Instrument, Geographical Segmentation, Buying Criteria, Market Growth
Drivers, Drivers and their Impact. Market Challenges, Impact of Drivers and
Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key
Vendor Analysis, Key Stock Exchange Profiles.
For
further information on this report, please visit-
http://mrr.cm/4n8
Find all Financial Services Reports at: http://www.marketresearchreports.com/financial-services
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