Standard Chartered Bank announced on Monday the successful issuance of $170 million deposit certificates through its branch in the Dubai International Financial Centre (DIFC), regulated by the Dubai Financial Services Authority. This issuance was implemented as part of the bank's electronic certificate deposit and commercial paper program in the United Kingdom, a move that strengthens the UAE's position as an international hub for liquidity and cross-border capital flows. This issuance marks a significant milestone in Standard Chartered's efforts to leverage the DIFC platform within its global strategy for financing and treasury management. It contributes to expanding the short-term funding base and enhancing access to liquidity from regional sources.
