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DBS completes first trade financing deal on nation's Networked Trade Platform

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Ng Ren Jye

Published Thu, Feb 6, 2020 · 09:50 PM

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.

DBSTrade finance

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