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Standard Chartered Bags 2 Global Trade Review (GTR) Best Deals At Trade Innovation Awards 2021 – CIO East Africa


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Standard Chartered bank has bagged two Global Trade Review (GTR) best deals for Trade Innovation in the 2021 awardsStandard Chartered Bank scooped two prestigious Global Trade Review (GTR) awards for trade innovation. The bank was awarded the best deals in Finance Transaction for pandemic relief in Africa and Tanzania Light Railway Project Financing.
For the first award, Standard Chartered Bank’s was recognized for its financing for Trade and Development Bank (TDB) in Kenya to help support various countries in East and Southern Africa to mitigate the risks emanating from the global coronavirus pandemic. The deal covered in part, the importation of emergency medical goods and services, the construction of healthcare facilities and the establishment of new trade finance lines for governments, corporates and SMEs looking to counter the adverse economic impacts of the pandemic. The €334.4mn loan to the Eastern and Southern African Trade and Development Bank ( ....

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