Mandates and payments roundup, December 13

Standard Bank signs a $275 million loan facility with 18 banks, while MoneyGram partners with ICBC to launch a new cash service in 20 countries.

Standard Bank signs loan facility in Taiwan

South Africa’s Standard Bank has signed a $275 million loan facility in Taiwan. According to Craig Bond, chief executive of Standard Bank China, the three-year term loan facility is to be used for general purposes by the bank with a primary focus, but not limited to, trade related financing. The loan facility, signed on December 9, was provided by a total of 18 banks including Taiwanese and international...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition