Noble expands into forfaiting

With a team poached from its troubled rival, Asia''s Noble Group sets up a forfaiting team in London.

The trade finance division of commodity trading company Noble Group has established a forfaiting operation in London to trade in short and long term trade assets. The new venture for the Singapore-listed, Hong Kong-based company comes less than a year after it first dipped its toes in trade finance by offering clients structured commodity finance, lending and factoring.

David Sullivan who heads up Noble's finance activities says once the group has cornered a piece of the European forfaiting market it...

To continue reading, please login or register for free

Click for more on: noble | expands | forfaiting

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...