We are witnessing a meteoric rise in the international trade financing industry. The demand for SME trade financing increased competitiveness, and recent trade agreements are all contributing factors to this expansion. Several financial institutions and tech firms are contributing to the evolution of the trade finance ecosystem. This list of the 9 Best Trade Finance Companies in 2022 was developed to assist you in making more informed business decisions.
BNP Paribas has a high position in the business world and operates in 74 countries, serving both individual customers and large corporations. Both the payout ratio and dividend growth are within acceptable ranges.
With financing, investment, savings, and protection insurance options, the company assists all of its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) in realizing their objectives.
The Hong Kong and Shanghai Banking Corporation (HSBC) is a multinational banking and financial services institution. Almost 70 nations and territories are serviced by the company's network of nearly 4,000 outlets worldwide.
In 2022, investors anticipated HSBC shares would rise as the bank continued to expand its global operations and distribute dividends to shareholders. It is projected to have a better capital ratio and lower operating expenses than in the previous year.
The future looks bright for BNY Mellon (NYSE: BK). For the second quarter, the bank's net interest income (NII) fell year over year, but this was more than made up for by increases in fees and other income.
The company has doubled its cash dividend and has a share repurchase strategy in place, totalling $6 billion, putting it on track to generate an EPS of $4.09 in FY2021. The stock is trading for $55, which is below its fair value of $59.
With over nine million customers, Nordea is one of the major financial organizations in the Nordic region. Keeping up with the demands of a customer base that is rapidly gravitating toward mobile devices is a problem that the company must overcome if it wants to succeed.
With a strong business model, Nordea anticipates a return on equity of over 13% by 2023. This is consistent with maintaining a cost-to-income ratio of 45-47% and adhering to its established capital and dividend policies.
LiquidX is a worldwide technology firm that digitizes trade finance solutions to make business transactions quicker, more efficient, and less expensive for finance professionals all over the world. Artificial intelligence (AI) and machine learning analytics are at the heart of its key solutions, which aim to improve visibility, reporting, and forecasting for businesses across the supply chain and the financial institutions that support them.
In addition, InBlock digital policy management is provided by the firm; this all-inclusive solution helps financial institutions and their customers save money while improving productivity. Its platform is used by a wide range of firms, banks, insurance agencies, and other businesses in the financial sector.
The digital technology industry has a new frontrunner: Datamatics. They specialize in creating innovative solutions for businesses that are driven by data. With the use of Robots, AI, and Machine Learning algorithms, it provides solutions that boost productivity for businesses in today's globalized market.
TruBot RPA, TruCap+ IDP, iPM for end-to-end workflow management, and TruBI for business intelligence & data visualization are just some of the company's products and platforms that have seen significant market success. They are also developing cutting-edge innovations to add to their list of offerings.
Around 200 of the world's largest multinational firms, commodities dealers, and financial institutions are registered on Mitigram's worldwide platform, making it one of Europe's most prominent FinTechs. By integrating Swift connectivity and APIs, it is feasible to examine pricing, risks, and capacity from partner institutions in real time, allowing for optimum financing access and execution.
Its newly released product, MitiManager, is an end-to-end transaction ledger that gives businesses of any size full visibility and control over all of their business processes and trade transactions. In addition to securing multi-bank communication via SWIFT and other APIs, it automates the gathering of transaction data.
Sberbank is the largest bank in Russia, and it has excellent prospects for expansion. Because of the improvement in the forecast for the Russian economy and the reduction in credit costs, it has already been able to deliver improved profitability.
Sberbank's stock price surged in the fourth quarter on higher oil prices, and the bank is expected to keep increasing its dividend. We still appreciate the company's strong position in the banking sector, and its stock delivers a return on equity in the high teens.
Santander is a multinational financial institution with a sizable deposit base (demand deposits account for over EUR720B). Deposits on demand are a low-cost source of funding that can be used to prop up profit margins in the lending industry. In addition, it has a cost/income ratio that tends to be very consistent, which helps to dampen profit volatility. The great variety of economic prospects presented by its dispersed geographical spread mitigates the effects of economic downturns. It is anticipated that Santander will share at least 40% of its underlying attributable earnings in 2022, continuing a long tradition of dividend payments.