Deutsche Bank and Frisian Flag pioneer web trade solution

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01 June 2008

PT Frisian Flag Indonesia is the first company in Asia to implement db-SupplierFinance, Deutsche Bank's fully automated web-enabled trade payable financing solution. Frisian Flag Indonesia, a subsidiary of Royal Friesland Foods, Netherlands, is a market leader in Indonesia for dairy products. It operates out of more than 27 Indonesian provinces and deals with multiple suppliers across the country. With the expansion of its business in this growth market,...

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