TRADE FINANCE CORPORATION CLOSES NEW TRADE FINANCE DEAL
Trade Finance Corporation Ltd (TFC) the Hong Kong based specialist trade finance boutique of TFC Financial Group has closed an eight figure USD trade financing package for a Beijing based trader of iron ore and steel products.
The facility was arranged and structured by TFC and provided by the Hong Kong Branch of a top four Chinese bank. The facility covers all import financing requirements and is structured on a revolving basis.
TFC welcomes the thawing in the Hong Kong trade finance market, especially amongst the local banks, which allowed this arrangement to be approved despite being a brand new customer.
TFC BROKERAGE WIDENS PRODUCT RANGE
TFC Brokerage has strategic partnerships with other specialist brokers, intermediaries and Financial Institutions that offer specialist advice and products – allowing deals to be completed – but do not interfere with the TFCB relationship with their client. TFCB’s approach allows a new product to be marketed, alternate transactions to be undertaken all on a non-declared basis.
TFCB has established relationships in most of the Asian countries with insurance brokers and other advisors, as well as financial institutions. Risk is being mitigated and value is being offered to the client through a professional conduit to key insurance and capital markets.
TFC Brokerage has a key strategy to develop relationships with third party product/service providers.
TFC CAPITAL CAMBODIA CREATES CHINA DESK
TFC Capital Cambodia has established a "China Desk", in view of the increasing flow of capital from China to Cambodia. Mr. Pho Keosambath has joined TFC Capital Cambodia's growing team as a China specialist and is in charge of all PRC linked opportunities. He has a Bachelor Degree in Chinese from University of Dali, Yunan, PRC.
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