CIMB completes first Malaysian bank BPO

CIMB's completed interbank BPO involving China CITIC Bank continues the lead taken by Asia-Pacific banks in developing the new trade finance tool.

By Dan Bland

Jul 14, 2014

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Confirming a stated intention to introduce the new bank payment obligations (BPO) trade finance tool to the Malaysian treasury market, CIMB has completed an interbank BPO involving China CITIC Bank.

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