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StanChart signs $500m risk-sharing deal with Ofid

A $500 million trade-finance agreement has been signed between global bank Standard Chartered and the Organisation of Petroleum Exporting Countries Fund for International Development (Ofid), which aims to boost world trade flows for emerging market banks.

Author: Katie Holliday

Source: Energy Risk | 12 Oct 2009

Categories: Credit Risk, Risk Management

Topics: OPEC, Standard Chartered Bank

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