Sunday, 22 December 2024

BSF mitigates customer risk and enhances access to trade financing

5 min read

By The Asian Banker

Amid efforts to diversify from oil, BSF expanded its non-oil export customer base through targeted client management and structured financial solutions. Partnering with sovereign and multilateral financial institutions, the bank improved access to funding and offered favourable credit terms for high-risk and emerging regional markets. It introduced alternative currency structures to help clients manage trade flows effectively in non-sanctioned regimes. These initiatives led to an 18% increase in new trade finance customers and over 10% revenue growth. 



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