New ‘Loans for Diamonds’

Financing trade in rough diamonds took a major step forward in Dubai, as DMCC Tradeflow launched “Loans for Diamonds” in partnership with Commercial Bank of Dubai and Rocks International DMCC.

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Published: Sun 24 May 2015, 1:19 AM

Last updated: Fri 26 Jun 2015, 12:24 AM

The revolutionary product will allow diamonds registered with DMCC’s Tradeflow platform, which will act as the central registry, to be used as collateral for trade finance loans.

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