Collaboration is needed in trade finance, says BNY Mellon

By increasing bank-corporate communication – on a local and global level – banks can become more responsive and pre-emptive to corporate concerns, writes Mauro Bonacina, EMEA sales officer, BNY Mellon Treasury Services, in a blog for Trade and Forfaiting Review. Such an approach, he says, is needed in today’s post-crisis environment, where limitations on sourcing working capital finance continues to become evident.

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