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JPMorgan and ADB expand risk mitigation
27 November 2009
JPMorgan will see greater risk mitigation opportunities through the signing of a new credit agreement with Asia Development Bank.
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JPM Asia
ADB TFFP
JPMorgan (JPM) and Asia Development Bank (ADB) have signed a credit agreement under ADB’s Trade Finance Facilitation Programme (TFFP).
The credit guarantee agreement provides an ADB guarantee to JPM and other confirming banks covering country risk as well as risk on issuing banks' letters of credit and other instruments in...
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