Asia commodity finance house of the year: SG CIB

French bank steps up presence in reserve-based lending in Asia

Daniel Mallo, SG CIB

Despite the global commodity market carnage that saw crude oil prices plunge to six-year lows in recent months, Societe Generale Corporate & Investment Banking (SG CIB) has stepped up its financing activities for Asian natural resources companies, with a particular focus on reserve-based lending (RBL) and on the region's economic powerhouse, China.

SG CIB was a mandated lead arranger on a $250 million reserve-based loan for a subsidiary of AAG, a China-based coal bed methane gas producer. The