Standard Chartered has reported a 22% year-on-year increase in trade finance revenues, driven by a resurgence in cross-border trade activity across its core markets in Asia, Africa, and the Middle East.
The London-headquartered bank said its trade finance division processed over $180 billion in transactions during the latest quarter, reflecting growing demand for supply chain financing and letters of credit as global trade patterns stabilise.
"Our network advantage across the world's fastest-growing trade corridors continues to deliver," the bank's Head of Transaction Banking said in a statement. "Clients are seeking trusted partners to navigate an increasingly complex geopolitical landscape."
The results underscore Standard Chartered's strategic focus on emerging market trade flows, particularly the China-ASEAN corridor and intra-African trade under the AfCFTA framework.