IBS Intelligence: Tradeteq calls UK government to act on trade finance during Covid-19 crisis

In light of the shutdown of trade caused by the Covid-19 outbreak, Tradeteq has identified SMEs amongst the worst hit by lockdown measures. As these businesses are less likely to receive Letters of Credit from banks during this period, the need for other options must be considered. Tradeteq claims its solution to distribute trade finance assets to non-bank investors would help both banks and businesses continue to function in this uncertain climate.
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