
Standard Chartered, BII renew $350m for trade finance
Source: BII. Chief executive officer of BII, Nick O’Donohoe, and Saif Malik, head of banking and coverage, UK, Standard Chartered. This facility aims to bolster the trade-finance needs of SMEs and corporates across Africa and South Asia and to boost economic growth in these regions. Since the initial agreement in 2013, Standard Chartered and British…