As proven by the trade finance wallet managed by DP World, it has demonstrated the ability to build a strong loan portfolio with high-quality assets, exceeding the standards of the logistics sector. This enhances the effectiveness of this integrated, data-based model. The group has provided financing capabilities to companies in emerging markets, helping to close the trade finance gap and ensure the continuity of cargo flow. DP World's trade finance wallet has proven its ability to build a strong loan portfolio with high-quality assets, outperforming the standards of the logistics sector. The latest data released by DP World shows that the group helped provide financing capabilities to boost trade by over $1.5 billion (approximately AED 5.5 billion) for companies in emerging markets. This contributed to closing the financing gap faced by global trade and ensuring the continuity of cargo flow amidst some of the world's most difficult economic challenges. The financing capacity has grown significantly from $1.2 billion (approximately AED 4.4 billion) last October to $1.5 billion in January this year, an increase of over AED 1 billion. A document issued by the group in January this year revealed that over 58,000 traders from around the world are registered on its trade finance platform, with strategic partnerships with more than 32 international financial institutions. According to the corporation, this achievement was made possible by integrating DP World's lending operations with its partnerships with global financial institutions, including JPMorgan, Standard Bank, Nedbank, and other major institutions. The financing solutions provided by these institutions, along with the group's logistics capabilities, help reduce risks and improve access to capital for companies of all sizes that suffer from a lack of financial services. This means reducing barriers to international trade. By combining trade finance initiatives with logistics service packages, DP World provides companies with financing and instant clarity and transparency in their supply chains. This integrated model helps lenders make faster and more informed decisions, enabling them to access capital when it is most needed.
DP World: $1.5 Billion in Trade Finance for Emerging Markets
DP World has provided over $1.5 billion in financing capabilities to companies in emerging markets, helping to close the trade finance gap and ensure cargo continuity amid challenging economic conditions.