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Sibos signing: China Minsheng and Deutsche Bank

19 September 2011  |  3305 views  |  0 signature

China Minsheng Banking Corporation is to use Deutsche Bank's Asia Accelerator package to offer more timely settlement of intra-Asian payment flows to its corporate client base.

As a specialised trade finance bank, CMBC is to offer Asia Accelerator as a value-added service to its corporate customers at a time of rapidly increasing trade payment volumes.

The memorandum of Understanding between the two was sealed at the Sibos international banking conference in Toronto.

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