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DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency

Banking & finance

DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency

Felicia Tan Published on Tue, Oct 06, 2020 / 11:41 AM GMT+8

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DBS Bank and Standard Chartered Bank announced on Oct 6 that they have led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) POC.

The registry, which is supported by Enterprise Singapore (ESG) and endorsed by The Association Banks of Singapore (ABS), is set up in a bid to enhance lending practices and improve transparency in commodity trade, says a statement released by DBS.

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DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency

Banking & finance

DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency

Primary tabs

Error message

DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency

Banking & finance

DBS and Standard Chartered lead banking group to develop Trade Finance Registry pilot to enhance trade transparency

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