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StanChart says not pulling out of China commodities financing

Posted on 11 June 2014

Standard Chartered said on Tuesday it acknowledges there are issues in China around commodity financing and while it is monitoring the situation, it is not pulling out of its commodity financing business in the country.
Arun Murthy, global head of comomodities at Standard Chartered, also said in an email response to Reuters that commodity financing remained a key focus for the bank………………………………………..Full Article: Source


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