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LeapRate: More financial institutions join the Trade Finance Distribution Initiative
Published on:
June 24, 2019
The TFD Initiative is an industry-wide drive to use technology and standardisation for the wider distribution of trade finance assets. The project launched earlier this year, attracting number of banks, institutional investors, trade associations and trade finance service providers. Some of the members of the initiative includeANZ, Crédit AgricoleCIB, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation.
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