Business & Finance
Deutsche Bank sees trade finance at pre-COVID levels by mid-2021
- “Since the news that a COVID-19 vaccine might be broadly available in the New Year, our global trade finance outlook has improved,” said Daniel Schmand, Deutsche Bank’s Head of Trade Finance and Lending.
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FRANKFURT: Deutsche Bank forecasts trade financing will rebound to pre-COVID levels by the middle of next year, an executive said on Friday.
“Since the news that a COVID-19 vaccine might be broadly available in the New Year, our global trade finance outlook has improved,” said Daniel Schmand, Deutsche Bank’s Head of Trade Finance and Lending.