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February 2010

Deutsche Bank broadens relationship with GSCF by adding the Americas

Global Supply Chain Finance Ltd. (GSCF), the leading provider of Distribution Financing and Supplier Financing solutions, is pleased to announce the extension of its servicing relationship with Deutsche Bank with the inclusion of the Americas region of Deutsche Bank in its coverage. In July 2009, Deutsche Bank had selected GSCF as one of its key partners for Europe based on GSCF’s experience, transactions track record, culture, organizational structure and time-zone coverage.

GSCF’s CEO Kendall Stevens commented: “We are very pleased with the progress in our relationship with Deutsche Bank. With the total integration and interfaces now in place between our systems, we will be able to cover the servicing of supply chain financing transactions for Deutsche Bank in the Americas”.

Having assessed the requirements of the distribution finance market locally, we believe that by broadening our strategic partnership with GSCF to cover the Americas we are positioning ourselves to offer our Americas based clients a best in class service”, said Jon Richman, Global Product Head of Trade and Financial Supply Chain, Deutsche Bank.

To learn more about GSCF Group, please contact us.