News
03 June 2019

Thai banks unite on electronic Letter of Guarantee network

Region:
Asia-Pacific

A total of 22 Thai banks and foreign-bank branches have built an electronic Letter of Guarantee (e-LG) network on blockchain via BCI (Thailand) Co, with support from the Bank of Thailand (BOT). The effort aims to achieve a 50% increase in the use of blockchain-based e-LG by Thai businesses...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective
06 July 2026

The new CAD: Moving credit and asset distribution beyond...

TXF’s inaugural Credit and Asset Distribution Day (CAD) gives a platform to a market that has often shaped the limits of long-dated finance, but from the shadows. What's the...