TAC FINBANK (TAC FINANCIAL CORPORATION UK LIMITED) Acquired TSDL Assets Worth 9 Billion USD
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TAC FINBANK (TAC FINANCIAL CORPORATION UK LIMITED) a New Age Clearing House & Fintech Company in London acquired full assets of TSDL Group and Bank Guarantee and other Trade Finances.
- (1888PressRelease) February 07, 2023 - TAC FINBANK (TM)
TAC FINANCIAL CORPORATION UK LIMITED is a company incorporated in London United Kingdom founded by Mr. Prathmesh Ex CEO & Investment Banker in December 2022 TAC Group has acquired consolidated assets & properties of TSDL FINBANK worth USD 9 Billion against Standby Letter of Credit issued by DBS Bank Limited in London and successfully acquired and raised for the project of Asset Management and Angel Investment Private Placement Programs in EEA (European Region) & Asia Pacific. TAC FINBank will provides Clearing Services and Depository Trading in ISIN & Token Based Credit to Importers to raise LC (Documentary Credit) & Performance Bonds with the help of partner leading banks in London & Singapore. TAC FINBANK Manage Assets in Document Vault & Euro Clear Services to raise NPPP (National Private Placement Programs)
TAC FINBANK has also aquired all representative offices and Trade Finance Hub in Dubai, UAE / Germany / Turkey / Singapore / Hong Kong / China / Oman / Qatar / Bahrain / Malaysia / New York. of TSDL
TAC FINBANK will also manage off-ledger funds (Central Bank Digital Currency) based on Blockchain with banks in India / Singapore & other branches that will help MSMEs to get Export Credit & Trade Instruments.
"TAC FINBANK is a AI Based asset management technology platform - it is not a bank and does not hold or claim to hold a banking license. The name used FINBank in the Brand is approved by local regulatory body Trade Finance Issuance, VISA corporate cards, E- Bank Guarantee issuance and other asset management and investment banking services/financial services offered by the TAC FINBANK As an intermediatry with Top Leading Banks which are FCA / RBI / MAS /SEC licensed banks and financial institutions. TAC FINBANK doesnt accept any public funds or not doing any retials banking operations anywhere we are the asset managers & Investment Banking Advisory. The banking services/financial services offered on the TAC FINBANK Trade platform are powered by our partner banks/financial institutions and follows all security standards and legal requirements prescribed by the partner bank/financial institution, in accordance with extant FCA /RBI / MAS / SEC/ DFSA regulations."
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