Standard Chartered Bangladesh (SCB) recently implemented a unique structured trade solution for T.K. Group, helping them navigate challenging market conditions to procure critical commodities with unmatched efficiency. The facility is supporting import of critical commodities such as refined, bleached, and deodorised (RBD) palm olein; crude degummed soybean oil (CDSO); wheat; and other essentials. This innovative structured trade solution leverages Standard Chartered’s high quality balance sheet and unique capabilities to enable T.K. Group to access funds at a competitive rate and eliminate exchange rate risk, despite market headwinds. The solution will help T.K. Group manage their supply chain seamlessly, utilising the Bank’s strong network and technology platforms to streamline processes, and capitalise on market opportunities.
