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UOB's value chain financing sees doubling of clients in H12020
Published Mon, Oct 26, 2020 · 09:50 PM
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Singapore
UOB on Monday said it has seen a doubling in the number of construction firms obtaining loans under value chain financing (VCF) in the first six months of the year, as compared with the end of 2019.
The growth was driven by the increase in sub-contractors and suppliers obtaining loans under VCF, as part of tie-ups between their main contractors or proje…
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