“Around 90% of global trade is underpinned by financial instruments, including trade finance and credit insurance. Yet, data from the Asian Development Bank shows the global trade finance gap has not budged from approximately US$ 1.5 trillion since the 2008 financial crisis.”
-Lubna Olayan, Chair of the Trade & Investment Taskforce at B20 Saudi Arabia, Chairperson of the Saudi British Bank, Chair of the Executive Committee at Olayan Financing Company and Chair of Olayan Saudi Holding Company, posts in the B20 Saudi Arabia blog on the importance of vastly increasing trade finance capability to reinvigorate trade and the global economy. [B20 Saudi Arabia]
