Opinion: Basel III looks set to stymie trade finance
The proposed new bank capital regulations take a very severe attitude towards bank trade financing, just at a time that such funding is recovering from the global financial crisis. The proposed rules could cause trade-related lending to contract once more, hurting the world economy, writes Chris Wright.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts