Baiduri Bank, in collaboration with Credit Agricole Corporate and Investment Bank, hosted an exclusive seminar at the Baiduri Community Space to explore trends and working capital solutions in Trade Finance. The event catered to Government-Linked Corporations (GLCs) and medium-to-large corporations operating in oil and gas, wholesale, and construction sectors, aiming to equip participants with advanced strategies for trade finance management.

The seminar, held on 21 November 2024, addressed the evolving landscape of trade finance solutions essential for businesses navigating today’s complex market. The event’s objective was to provide insights into supply chain and receivables financing, enabling participants to stay informed on current trends and challenges, optimise cash flow management, and accelerate cash conversion cycles.

“Baiduri Bank is committed to enhancing our corporate banking solutions by delivering knowledge-sharing initiatives that empower our clients,” said Leonard Lee, Head of Corporate Banking and Trade Finance at Baiduri Bank. “The seminar reflects our dedication to serving as a trusted partner for our clients, offering tailored trade finance solutions that meet the demands of an increasingly sophisticated market.”

The seminar featured Desmond Lim, Director, Trade Finance, International Trade and Transaction Banking at Credit Agricole Corporate and Investment Bank, who shared insights from his extensive 30-year career in international trade and transaction banking. His presentations covered two key areas: Supply Chain Financing and Receivables Financing, designed to deepen the audience’s understanding of how these structured trade finance products can address specific business challenges.

With the rise of sophisticated financial products in ASEAN, Baiduri Bank continues to innovate in corporate banking services, positioning itself as a leading partner for businesses in Brunei and beyond. By raising awareness and enhancing knowledge of trade finance solutions, the Bank ensures clients are equipped with practical tools—such as flexible, responsive supply chain financing—to support growth objectives and thrive in an ever-evolving financial landscape.

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