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RBS and Bank of China announced their first commodity transaction using the Bolero electronic trade finance platform, following deals executed by Japan’s Mizuho Bank in March and China CITIC Bank last November.
American scalable storage and data security firm Imation Corporation has sought a back-up liquidity line of 2 billion yen ($20 million) for its Japanese unit from GE Capital, based on the latter’s accounts receivable ...
CMB extends flexible revolving credit to Shell’s lubricant distributors screened by the multinational.The funds offer these trading companies shunned by mainstream banks cheap financing - but with strings attached.