Bank of TokyoMitsubishi UFJ and the Asian Development Bank Sign Agreement to Promote Trade FinanceTrade Finance Agreement • February 23rd, 2009
Contract Type FiledFebruary 23rd, 2009Under this agreement, as one element of the TFFP Partial Credit Guarantee, the ADB and BTMU will share the risk of trade financing instruments and other letters of credit issued by Asian regional banks selected by the ADB. This will increase BTMU’s risktaking capacity with respect to developing Asian countries and regional banks, facilitating the trade financing needs of exporting and importing customers.