Mumbai: ICICI Bank has a $100 million exposure to Singapore based oil trading company Hin Leon Trading Pte which has filed for bankruptcy protection in the Singapore courts.The Mumbai based bank has lent $100 million to the company out of which $75 million is secured through investory a report by S&P owned Platts agency said.Hin Leong and its sister company Ocean Tankers which owns more than 100 cargo ships have both filed for bankrutpcy on Friday which will give 30 days to restructure debt.Hin Leong founded by Chinese billionaire Lim Oon Kuin has total debt of close to $4 billion which will have to bw restructured.ICICI is one of the 23 secured creditors which have lent a total of $3.64 billion to the company.UK based HSBC with $598 million and Dutch bank ABN Amro with $299 million are the banks with the largest exposures, according to company filings analysed by S&P Platts.ICICI is one of only four banks which have secured a part of their exposure to the company. Out of ICICI's $100 million exposure $75 million is secured over inventory. Other banks which have secured over inventory are RaboBank, Credit Agricole and Societe Generale.ICICI did not reply to an email seeking comment.Banks from Singapore, Europe and China dominated exposure to the company.Hin Leong's collapse comes even as global crude oil prices have fallen to a two decade low due to concerns over world demand following the corona virus outbreak. US crude futures contract hitting its lowest level since 1998 at $11.04 per barrel.Earlier news agency Reuters reported that founder Lim Oon Kuin had directed his employees not to disclose hundreds of millions of dollars in losses over several years.The company “suffered about US$800 million (S$1.14 billion) in futures losses over the years but these were not reflected in the financial statements,” Kuin said in acourt affidiavit accessed by Reuters. “In this regard, I had given instructions to the finance department to prepare the accounts without showing the losses and told them that I would be responsible if anything went wrong,” he said.