Staff Reporter
,
Singapore
Photo from Pixabay
The trade facility, with issuance of Banker’s Guarantee, is worth about S$1.04b
OCBC Bank has provided Seatrium, an engineering solutions provider, with a green trade finance facility worth S$1.04b.
Issued with Banker’s Guarantee, this is one of the biggest syndicated financing solutions provided by a single bank in the maritime industry.
ALSO READ: OCBC unifies branding, renames Hong Kong and Macau subsidiaries
This trade financing solution, in line with internationally recognised Green Loan Principles, will assist Seatrium in its offshore renewable projects and decarbonisation initiatives.
Join Asian Banking & Finance community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!