Risk is an inherent part of our business activity and its management is fundamental to our success.
There are a number of risks involved in the sale and procurement of commodity products. Balli seeks to eliminate these risks through the implementation of tight internal controls on new transactions and the continuous monitoring of ongoing transactions.
Balli has established uniform contractual terms, which it applies globally, in order to mitigate the commercial risk of any transaction. A comprehensive marine insurance policy provided by Lloyds Underwriters, is used to cover logistics risk and financial risk is mitigated by selling against letters of credit from first class banks or, for open term business, to customers covered by credit insurance.
Decades of dependable deals have enabled us to acquire a solid reputation with banks and financial institutions. Our extensive lines of credit, structuring capability, use of advanced financial instruments and unique insurance facilities, enable us to provide solutions to challenging problems.
