The Indian FMCG is working with the State Bank of India to provide non-recourse working capital financing for key distributors in India. CT explains how.
In exclusive partnership with East & Partners Asia, CT earmarks what treasurers care about in a trade bank. Clearly most prefer to use electronic-based trade documentation where possible.
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.