| Commodities financing has become the fastest growing business for Singapore bank DBS Group Holdings less than two years after it entered the segment, benefiting from the withdrawal of some European lenders in Asia, its CEO said.
Southeast Asia's biggest and most profitable bank has built a nearly S$25 billion ($20.48 billion) loan book by funding the trade in products such as oil and coal, said chief executive Piyush Gupta. About 100 people work in the unit that provides trade finance as well as hedging and broking to clients...............................................Full Article: Source
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