Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1742)

2018-09-08 Banking

1742.

Which bank launched its first Trade Finance Scorecard to address market and boost trade finance?

Inter-American Development Bank

Soft Bank

Asian Development Bank

International Finance Corporation

Answer: Option

Explanation:

The Asian Development Bank (ADB) launched its first Trade Finance Scorecard, a new tool to address market and boost trade finance. It aims to prevent money-laundering and terrorism. It will open a channel of dialogue among stakeholders to prevent terror financing.