Hin Leong Trading’s, founded by Singaporean oil tycoon Oon Kuin, collapse sends shockwaves through industry leading businesses to significantly embrace digital transformation.
TFG’s Deepesh Patel spoke to Matthew Beckett, Director of Insurance Placement at SMBC at Excred London. As trade risks and uncertainty abounds, we asked SMBC about how appetite has changed in 2019, and whether additional liquidity has impacted the distribution and origination business.
TFG spoke to Stephen Renna, Chief Banking Officer at US Exim Bank at TXF CPRI in London, about the core priorities and focus for the bank in order to facilitate US exports, now that is has a wider remit to promote US SMEs.
What is the difference between a Bank Guarantee and a Letter of Credit? Bank Guarantees and Letters of Credit (LCs) are used in trade to carry out international transactions. LCs… read more →