The share of Asian countries in global service trade is less than 20 percent, while that in goods reaches around 30 percent. Further, in most Asian countries including China, the trade balance in services remains in deficit. As the level of income in the developing countries increases, the demand for services is expected to grow.
One such possibility is offered by securitizations, which allow the separation of the typical banking functions – screening borrowers and originating loans, which continue to be performed by the bank – from financing proper, which is shifted to the market.