Suisse Bank says it is seeing a reinvigorated trade finance market as volatile economic conditions continue to push borrowers back to traditional trade products.

The London-based bank says importers and exporters are also discovering that supply chain finance solutions are becoming more extensive while export credits have become one of the most vital financial instruments available.

L/Cs and guarantees

Suisse Bank says it is seeing high levels of sales growth, particularly in bank guarantees and letters of credit (L/Cs). The bank also reports strong growth in its standby L/C business.

The bank says it has made significant investments in technology in order to make it easier for clients to effectively use these, as well as other trade products and services.

Global flows

The London-based bank reckons its global presence is helping it to capitalise on trends in globalisation and shifting trade flows.

Suisse Bank, which offers its services only to its shareholders and not to the general public, has partnerships with hundreds of agents and brokers worldwide as well as long-term relationships with multilateral finance institutions.

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