From inception, SpaceOne has been successful in building long-term relationships in the financial sector and diversifying its banking partnerships. Today we work with more than 75 leading global financial institutions.
As a growing business with interests throughout the world, SpaceOne has always sought to establish local partnerships for its investments, such as establishing an independent revolving credit facility specifically for Asia, and creating borrowing bases in the Middle East and the Americas to finance trading operations in those regions.
Such an approach has benefited our year-on-year profitability and enabled us to increase credit lines even through the global financial crisis. Our culture is one of financial prudence. We maintain a strong liquidity position and our assets are optimally financed.