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Best International Trade Bank in Indonesia

23 July 2009

A long history of service

Winner: HSBC Highly commended: Citi It is particularly appropriate that HSBC has taken the top spot in Indonesia as the bank is celebrating its 125th anniversary in the country. HSBC polls ahead of both Citi and Standard Chartered. All three banks have a strong Asian presence, and through...


Poll

Will Russia’s recent ban on grain exports result in a significant rise in private risk insurance claims from grain traders unable to fulfil their contracts?

Yes – there will be more claims. The government’s actions allow traders, with PRI cover, to make claims through contract frustration.
8%
No - the majority of Russia’s wheat production, some 70%-80%, is used for domestic consumption so the contracts represent only a small portion of the total wheat market, limiting the amount of potential claims.
23%
No - traders had a week’s notice before the ban allowing them to secure alternative supplies to fulfil contracts stated as optional origin.
23%
Maybe - but claims are likely to be limited to traders dealing in soft wheat whose contracts demand they source wheat only from Russia.
46%