JP Morgan Launches Trade Finance Services In Saudi Arabia
JP Morgan has launched a range of trade finance products, including documentary, guarantee and structured export and import products, through the JPMorgan Chase Bank Riyadh branch, which will enable Saudi-based companies to trade internationally and multi-national corporations to deliver their business in Saudi Arabia.
The Saudi Arabia-based trade finance capabilities extend JP Morgan's global coverage and complement its 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 JP Morgan Chase Bank, a licensed bank in the Kingdom of Saudi Arabia, and supports all aspects of global trade.
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