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Major banks back ICC Standards for sustainable trade finance
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Major banks back ICC Standards for sustainable trade finance
Four of the world’s leading trade finance banks have endorsed new industry standards designed to bring clarity and consistency to sustainable finance practices in the global trade sector. Commerzbank, ING, Santander, and Standard Chartered announced their backing of the International Chamber of Commerce’s Principles for Sustainable Trade Finance on Thursday, collectively representing about 25% of the global trade finance market by volume. The fr…
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