StanChart circles $1bn to finance Covid-19 fighting companies
Standard Chartered will commit at least $1bn of financing for companies that provide goods and services that can be used to fight against the Covid-19 pandemic.
The financing initiative is effective immediately, according to a source at the bank.
Companies such as pharmaceutical manufacturers and distributers and healthcare providers will be eligible for the financing.The funds will be provided in the form of loans, import/export finance or working capital, all at preferential ...
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