DBS ties with HSBC, StanChart in S'pore trade finance
They provide corporates with an international network matching their trade flows: report
Singapore
DBS Bank's push in the trade finance business has clinched it a place among the global banks. While HSBC continues to dominate across Asia in trade finance, in Singapore, DBS has made it to the top three banks serving multinationals based here, according to the 2014 Greenwich Associates study released on Monday on Asian corporates' use of trade finance.
HSBC, Standard Chartered Bank, Citi, Deutsche Bank and ANZ Bank are the top five leaders across Asia serving large corporates.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’
S&P Global first-quarter profit beats estimates on strong product demand
Thai banks cut rate for some borrowers after push from PM
Money laundering accused who faces 22 charges to plead guilty on May 14
BNP Paribas beats estimates as lower costs offset trading slump
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover