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05 Jan 21

SocGen Shuts Singapore Trade Commodity Desk After Hin Leong

  • SeabridgeTFX
Societe Generale SA is closing its trade commodity finance unit in Singapore after the collapse of Hin Leong Trading (Pte) Ltd. prompted the bank to halt fresh funding to such firms in the region, Bloomberg News reported.
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Accounts Receivable finance Approved Payables Cloud Commodity Digitisation Dynamic discounting Factoring Fraud Iron Ore MA/MCST Money Laundering Palm Oil Property Management Strata Supply Chain Financing trade finance Trade finance Tech Trade War Working Capital
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