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SMBC and ADB sign trade risk pact
23 October 2008
ADB agreement with SMBC will support the continued flow of Asian trade.
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SMBC sumitomo mitsui trade finance facilitation services asian development bank pakistan vietnam
Sumitomo Mitsui Banking Corporation (SMBC) has signed a risk mitigation pact with the Asian Development Bank (ADB) to help strengthen support for trade involving developing countries in Asia.
Under the agreement the ADB will cover 50% of possible losses...
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