The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

Trade finance: Fines do not dent ING’s commodities zeal

Recommits to holding top spot; mid-tier of most concern as oil traders struggle.


Commodity trade finance, from shipments of Argentine soybeans to Kazakh oil, is one of the few areas of international banking where Europeans maintain a clear lead.

The French and even the Dutch still dominate, despite swingeing cuts to their global networks and balance sheets during the past decade.

Although the deals tend to be private, and the banks are reticent about revealing their exposure, industry sources reckon the biggest bank in this business is now ING. Société Générale is a clear second, albeit stronger in Africa.


Anthony van Vliet,

Commitment, and critical mass, is crucial, according to Anthony van Vliet, ING’s global head of trade and commodity finance.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree