“The program is designed to benefit the broader industry by establishing an origination and funding platform for trade banks with global market positions, creating a highly diversified and granular pool of assets ultimately translating into access to a new and wider investor base,” said John Ahearn, Global Head of Trade at Citi.“The program ensures that we can increase the support to our clients in their international expansion, at the same time that we respond to current investor demand for high quality assets,” says Jorge Tapia, Global Head of Trade, Export and Commodity Finance at Santander.
Citi And Santander Launch Trade MAPS – The First Multi-Bank Securitization Of Trade Finance Assets Totaling US$1 Billion
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