Combining exclusive interviews and submissions from Asia’s key transaction banks, CT has compiled ten top trade finance strategies from the last year. This is part three of five of the full write ups.
It seems treasurers are hard to please. Based on research compiled by East & Partners, the level of satisfaction of transaction banking services in Asia is misaligned with the quality of service they are getting.
DBS tops the ratings for receivables financing services provided in Asia-Pacific, based on East & Partners research. Standard Chartered and HSBC closely follow, but J.P. Morgan lags.
After rifling through a bag-full of submissions, CT has selected ten trade finance transactions that represent the best in client management, innovation and sensible risk awareness.
European banks are pulling financing out of Asia with Singapore and Hong Kong badly hurt, especially in trade finance. Asian banks are taking some of the slack.