Financing the trade in rough diamonds took a major step forward in Dubai today as DMCC Tradeflow, the dedicated online platform for registering possession and ownership of commodities stored in UAE-based facilities, launched ‘Loans for Diamonds’ in partnership with Commercial Bank of Dubai and Rocks International DMCC. 

This 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. Commercial Bank of Dubai will act as the financier and Rocks International DMCC as the independent Collateral Manager.

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