In addition to managing the Group’s own trade finance requirements, we seek to assist our trading counterparties in mitigating their own exposure. As part of our continued efforts to provide enhanced services and value addition to our customers, we can act as an intermediary to finance short-term commodity flows on a transactional and non-speculative basis.

We provide financing solutions to commodity producers, processors and trading houses, mainly in the metals (iron ore) and energy (thermal coal) segments of the industry. We mainly provide ‘short-term transactional financing’ to customers (documentary credits, guarantees, standby letters of credits), but at times also provide “structured prefinancing and/or prepayment operations”.