American Banker |
Blockchain slashes approval time on syndicated loans, BBVA says
American Banker BBVA says it recently completed the first-ever syndicated loan on a distributed ledger. Could this pilot offer a glimpse of the syndicated loan of the future? The borrower, Red Electrica, is a power distribution company based in Spain. The company ... Spain's BBVA, Partners Complete First Blockchain Syndicated Loan BBVA arranges blockchain-based syndicated loan |
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