| Small and mid-sized commodity traders are scrambling to find new lenders, including Asian and African banks, as dollar funding dries up from the big European banks that have been among their traditional creditors.
Former leaders in commodities finance including BNP Paribas and Credit Agricole are retrenching from the financing of transactions such as storing oil or arbitraging copper due to a lack of dollar financing and to capital requirements under stringent new rules known as Basel III...............................................Full Article: Source
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