Saturday, 25 May 2024

Best Trade Finance Bank in Thailand is Bangkok Bank

5 min read

By The Asian Banker

This bank provides trade financing across 25 specialist industries and leverages its strong regional and global network of trade centres across 14 countries in Asia Pacific. With close to 80% of its customers in SME, its growth in trade finance outgrew the domestic market growth. 

It launched the next generation digital trade channel, iTrade, with an upgrade to its trade finance processing engine. Subscribed clients increased by 22% and active clients channelled more than 96% of their transactions through iTrade in 2022. Its trade relationships span 15 to 20 years on average, one of highest in the region.

For providing top-notch trade finance banking solutions built on regional connectivity and network strength, increasing its trade revenue by more than 10%, and online transactions by more than 90%, the Best Trade Finance Bank in Thailand is Bangkok Bank. 

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