Message from the Chief Executive Officer
The commercial developments and technical upgrades implemented to improve UBAF’s operating processes advanced steadily in 2019, cementing the trend set firmly in motion the previous year.
Participation in a RCF of the Gunvor Group
As part of its trade finance activities, UBAF renewed its participation in the Gunvor Group's RCF. This RCF was oversubscribed by the banks with a final amount of $1.69 billion. This type of financing provides the Group with a liquidity cushion for managing its price risk.
Our solutions
Since its inception, UBAF has developed a range of products and services dedicated to the financing of international trade. As such, it offers its clients services related to: