Factbox: Troubled Hin Leong energy trader owes billions of dollars to banks

CTBC Financial Holding Co

21/04/2020 13:22

April 21 (Reuters) - The founder and director of Singapore
oil trader Hin Leong Trading Pte Ltd directed the firm not to
disclose hundreds of millions of dollars in losses over several
years, he said in an affidavit he filed with the court and
reviewed by Reuters. 
 urn:newsml:reuters.com:*:nL8N2C60JP
    Following is a list of banks that have a total exposure of
$3.85 billion to Hin Leong Trading, according to a company
presentation to lenders on April 14 contained in a court filing
that has not been made public, and sources with knowledge of the
situation. The sources declined to identified due to the
sensitivity of the matter.
    Societe Generale said it was a lender to Hin Leong but
declined further comment. The remaining 22 banks named in the
filing declined to comment or did not respond to emailed
requests in the past several days.
        
  Note: All numbers are in millions of U.S. dollars    
 Bank                           Amount
 HSBC                           600
 ABN Amro                       300
 DBS                            290
 OCBC                           250
 Societe Generale               240
 Standard Chartered Bank        240
 Rabobank                       230
 Bank of China                  210
 ANZ                            190
 Natixis                        160
 UOB                            140
 SMBC                           140
 CIMB                           130
 ICICI                          100
 Credit Agricole Corporate &    100
 Investment Bank                
 CTBC                           100
 Unicredit                      90
 QNB                            70
 Deutsche Bank                  70
 Westpac                        60
 ING                            50
 JPMorgan                       50
 DZ                             40
 
 (Reporting by Anshuman Daga Jessica Jaganathan and Roslan
Khasawneh; Additonal reporting by Chen Aizhu, Florence Tan and
Seng Li Peng; editing by Richard Pullin)
 ((anshuman.daga@tr.com))