ING’s Top Commodity Banker Says Credit Supply Has Its Limits

One of the commodity market’s top bankers says he has more to lend as prices soar, but not much.

“There is a bit of room we can grow, but it’s not going to be massive,” Maarten Koning, head of trade and commodity finance at ING Groep NV told Bloomberg News in an interview.

After several high profile defaults in 2020 led to banking rivals toning down their exposure to commodities, ING is now probably among the biggest providers of credit to those trading in the world’s resources.

That’s happening at a critical time; credit availability has become a problem as ...