The proposed investment is a funded 50-50% risk-sharing facility with Standard Chartered Bank in a portfolio of trade-related assets for up to US$700 million with IFC investment of up to US$350 million (the “Project”). The project falls under the GTLP program, an innovative and well-received trade finance program launched in 2009. GTLP has proven to be a highly effective means to channel financing to support emerging market trade flows. The program provides liquidity or guarantees thereby helping banks grow their credit limits, manage risk and support trade in the Emerging Markets.
Headquartered in London, Standard Chartered Bank is a global bank with an emerging market focus that leverages its expertise via a presence in 59 markets and its network that serves customers in close to 150 markets worldwide. Standard Chartered Bank is listed on the London and Hong Kong Stock Exchanges. The group serves two client segments - Corporate, Commercial & Institutional Banking (CCIB) supports larger companies and institutions, and Consumer, Private & Business Banking (CPBB) focuses on individual and business banking clients – in three regions – Asia, Africa and Middle East, Europe and the Americas – including some of the world’s fastest growing economies.
Standard Chartered ordinary shares are listed on the London Stock Exchange and Hong Kong Stock Exchange and ranks among the top 30 companies in the FTSE-100 by market capitalization.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Nicolas Langlois, Managing Director - Transaction Banking
Standard Chartered Bank (Singapore) Limited
Marina Bay Financial Center, Tower 1, Level 22,
8 Marina Boulevard, Singapore 018981
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