Citi Backs Supply Chain Finance’s Growing Role

The growing role that supply chain finance (SCF) is playing in international trade is  underlined this week by a new report from US bank Citi. Its Global Perspectives and Solutions report: Supply Chain Finance: Uncertainty in Global Supply Chains is Going to Stay, shows that financing the end-to-end supply chain remains the top priority for global corporates. The report, which is based on a survey of more than 2,300 global corporates, concludes that “supply chain finance looks set to become more important than ever.” This report comes just a week before the publication of BCR’s World Supply Chain Finance Report 2023, which estimates that world SCF volume grew by 21 per cent in 2022. (Citi includes in its report statistics from BCR’s 2022 report).

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