报告：贸易金融发展整体向好，银行业仍需关注多重风险

Core Insights - The overall development of trade finance in the banking sector is positive, supported by strong policies and a solid foundation, but multiple risks still need attention [1][2] Summary by Sections Trade Finance Growth - In 2024, the international settlement volume in the banking sector is projected to reach 12.75 trillion USD, and domestic letter of credit settlement volume is expected to be 3.62 trillion CNY, representing year-on-year growth of 10.35% and 17.89% respectively, both hitting historical highs [1] - The international trade financing volume is 488.475 billion USD, showing a slight decline from the previous year, while domestic trade financing volume is 4.66 trillion CNY, reflecting a year-on-year increase of 16.35% [1] Domestic and International Business Trends - International factoring business volume is 13.318 billion USD, marking the first year-on-year decline in three years, while domestic factoring business volume has surpassed 4 trillion CNY, with a year-on-year growth of 17.03% [2] Risks and Challenges - The report highlights several risks: 1. Sovereign credit risk transmission effects are becoming more pronounced due to rising global sovereign debt default rates and geopolitical tensions [2] 2. The shift towards online trade financing introduces new risks related to data security and AI model effectiveness [2] 3. Increased pressure on foreign exchange compliance risk management due to reforms in cross-border capital operations [2] 4. Heightened compliance risks related to international sanctions, which are becoming more complex and multifaceted [2] Future Outlook - The banking sector is encouraged to innovate while maintaining risk control, focusing on high-quality development paths in trade finance [3] - Trade finance is expected to play a significant role in stabilizing foreign trade, supporting industrial chain stability, and promoting integrated domestic and foreign trade [3] - The future development of trade finance will follow a path of "deep industry engagement + technology empowerment," enhancing specialized service systems and risk management capabilities [3]