News Formal

StanChart sets aside US$1b to finance pharma firms, mask makers tackling Covid-19

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

SINGAPORE (THE BUSINESS TIMES) - Standard Chartered on Monday (March 30) said it will set aside US$1 billion (S$.43 billion) to finance companies that are providing goods and services to tackle the Covid-19 outbreak.. Read more at straitstimes.com.

SINGAPORE - Standard Chartered on Monday said it will set aside US$1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak.

The bank that derives about two-thirds of its total operating income from Asia intends to offer financing at preferential rates to these companies. The financing will come in the form of loans, import finance, export finance, or working capital facilities to help these firms tool up, and get their products to market.

The bank said it is also trying to identify companies that may switch into, or add, anti-virus products to their output but have not indicated that they will do so.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 8. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

StanChart sets aside US$1b to finance pharma firms, mask makers amid Covid-19STANDARD Chartered on Monday said it will set aside US$1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »