Corporate banks have a strong incentive to engage in international trade due to the significant opportunities it presents for revenue growth, risk diversification, and market expansion. By positioning themselves as key players in global trade finance, these banks can offer a range of services that cater to the complex needs of businesses operating across borders. Cargo operations can play a crucial role in this ecosystem by serving as a ‘Digital Trade Hub’, seamlessly connecting financial institutions with applicants and beneficiaries involved in international trade.

Digitalisation allows banks to streamline the process of providing trade finance, reducing the friction traditionally associated with cross-border transactions. As a result, businesses can access the financial resources they need more easily, enabling them to expand their operations globally with greater agility and confidence. This not only drives growth for the businesses themselves but also enhances the bank’s role as a facilitator of global trade, fostering long-term relationships and opening new avenues for innovation and collaboration in the digital economy.