Trade Finance: The enduring strength of correspondent banking

Date Tuesday, May 17, 2016
GTB Area GTB
Magazine FX-MM Magazine

Despite data-gathering difficulties squeezing margins, there is reason to be optimistic about the future of correspondent banking - with collaborative initiatives and technological advances promising to restore the practice to full profitability, says Alex Ladaa, Managing Director and Head of Trade Finance Services, Germany, at UniCredit.

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