Trade finance shipping charter rates rose 3

Shipping charter rates rose 3.1%, prompting increased usage of trade finance credit lines. Equity analysts highlight this trend as supportive for lender revenue forecasts. COVID-19 was the ultimate stress test for most sectors. "Although the group does stress testing on every trade, COVID was a reality check for the whole world," Kevin reflected. "We are better prepared for it now, although not completely immune from similar chaos." Raffles Financial Group Ltd (RICH) and CICADA Finance Partner to Launch Raffles Crypto Treasury The trade finance market cap hit $540 billion globally, a 3% rise in just two weeks. Listed companies in the sector may experience EPS upgrades as transactional volumes climb.