Best Corporate Trade Finance Deal in Malaysia - United Overseas Bank (Malaysia) and Swap Logistics Distribution

Request for longer payment term from its buyers posed cash flow and balance sheet challenges for the customer. To provide a win-win for both the customer and its buyer, the bank provided an accounts receivable purchase without recourse backed by promissory notes to drive off-balance sheet and interest free financing. A longer tenor trade financing of up to two years was also made available based on the collection requirements. 

For curating solutions suited to customer’s needs and growth objective whilst cementing the relationship with their buyer, the Best Corporate Trade Finance Deal in Malaysia goes to United Overseas Bank (Malaysia) and Swap Logistics Distribution.

For full evaluation criteria and scorecard for Transaction Finance Awards, please visit
https://www.asianbankerawards.com/transactionfinanceawards/criteria.php