J.P. Morgan has launched a full range of trade finance products, including documentary, guarantee and structured export and import finance trade products, through the JPMorgan Chase Bank Riyadh branch, which will enable Saudi-based companies to trade internationally and global MNCs to deliver their business in Saudi Arabia.
The Saudi Arabia-based trade finance capabilities extend J.P. Morgan’s global coverage and complement the previously announced treasury, money market and foreign exchange products launched through the Riyadh branch earlier this year. The offering is supported by a team of trade finance professionals based in the Riyadh branch of JPMorgan Chase Bank N.A., a licenced bank in the Kingdom of Saudi Arabia, and supports all aspects of global trade.
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