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Stock impact report

Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities in Emerging Markets

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--Standard Chartered Americas (the “Bank”) today announced that it has entered a trade finance partnership with Truist Bank (NYSE: TFC) that will enhance Truist clients’ ability to conduct global business.Through this strategic partnership, Truist Bank and Standard Chartered aim to create a seamless and efficient business environment for importers and exporters in the U.S. Standard Chartered will provide centralized processing, analytics and tracking services by leveraging the Bank’s unique network, local expertise, infrastructure, and technology. Truist’s corporate and commercial clients will benefit from Standard Chartered’s ability to fulfill their trade finance needs in emerging markets in Asia, Africa and the Middle East.Key Highlights of Trade Finance Services Partnership Are:Export and Import Letters of Credit: Truist will gain access to Standard Chartered’s footprint and ability to monitor transactions in real time for the entire Show less Read more
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