DBS completes first trade financing deal on nation's Networked Trade Platform
Ng Ren Jye
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
DBS Bank has completed the first trade financing transaction on Singapore's Networked Trade Platform (NTP), the lender said in a statement on Thursday.
The NTP, launched by the government in September 2018, is a platform which digitises paperwork to make government certification and third-party commercial services simpler.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute