Advert

HSBC Malta launches structured trade finance

HSBC Malta’s head of trade and receivables finance Gaetano Sammut says structured trade finance facilitates international trade.

HSBC Malta’s head of trade and receivables finance Gaetano Sammut says structured trade finance facilitates international trade.

HSBC has launched its new structured finance initiative to provide businesses in Malta with tailormade international trade solutions focused on opening up new import and export opportunities to markets like China, Indonesia and Brazil.

The structured trade finance solutions provide businesses with greater security and improved opportunities to manage cash flow built around individual company trade cycles.

HSBC Malta’s head of trade and receivables finance Gaetano Sammut explained that bespoke trade solutions can make a real difference to businesses in Malta. The added security and opportunities to improve cash flow allows companies to explore new opportunities and new markets.

“By accounting for international trading factors such as turnaround periods, shipment periods, and the time involved in converting imported goods into cash, structured trade finance relieves stress on a company’s working capital and enables repayments to be matched with revenues,” Mr Sammut explained. “This, in turn, opens a company up to more growth and opportunity in the international markets,” said Mr Sammut.

Other benefits to traders using structured trade finance include funding options for documentary credits, documentary collection and open account transactions.

These tailormade financial packages suit each customer’s particular trading cycle, ensuring timely payments to suppliers, and additional financial flexibility.

Information is available on 2380 8000, at www.hsbc.com.mt/commercialbanking or [email protected] or in branches.

Advert

0 Comments

Post comment

Please see our new Comments Policy

Comments are submitted under the express understanding and condition that the editor may, and is authorised to, disclose any/all of the above personal information to any person or entity requesting the information for the purposes of legal action on grounds that such person or entity is aggrieved by any comment so submitted.

At this time your comment will not be displayed immediately upon posting. Please allow some time for your comment to be moderated before it is displayed.

For more details please see our Comments Policy

Your User Profile is incomplete.
Please click here to complete your profile before posting comments.

Advert
Advert