In a recent article by the Financial Times, the articles states that the impending Basel III capital requirements seriously hinder banks when it comes to trade finance lending.
MSNBC recently reported that banks are starting to get back to basics and focusing more on their lending businesses as trading business declines in the wake of present market conditions in the US and Europe.
I recently had a chance to interview our trade finance specialist, Mike Skelton, and he was kind enough to share some brief insights in this interview on the benefits of trade financing versus balance-sheet lending.