Oct 6 (Reuters) - DBS Group Holdings Ltd DBSM.SI :
* CO & STANDARD CHARTERED JOINTLY LED WORKGROUP OF 12 OTHER BANKS TO CREATE & CONDUCT DIGITAL TRADE FINANCE REGISTRY (TFR) POC
* TFR POC DEVELOPED TO ENHANCE LENDING PRACTICES & IMPROVE TRANSPARENCY IN COMMODITY TRADE
* TFR POC AIMS TO SERVE AS SECURE CENTRAL DATABASE FOR BANKING INDUSTRY TO ACCESS RECORDS OF TRADE TRANSACTIONS FINANCED ACROSS BANKS IN SINGAPORE
* GOING FORWARD, ASSOCIATION BANKS OF SINGAPORE WILL MANAGE TFR, SUPPORTED BY STANDING COMMITTEE REPRESENTED BY ABS COUNCIL MEMBER BANKS
* 12 OTHER BANKS INCLUDE ABN AMRO (AS:ABNd), ANZ, CIMB, DEUTSCHE BANK, ICICI, LLOYDS, MAYBANK, NATIXIS, OCBC, RABOBANK, SMBC AND UOB Further company coverage: DBSM.SI
(Reuters.Briefs@thomsonreuters.com)