Spanish Banks Arrange Syndicated Finance on Blockchain - Finextra Research
4 Articles
4 Articles
Iberdrola, BBVA and Santander Release Technology that Promises to Change Loans Between Big Companies
Iberdrola, BBVA and Santander have formalized a corporate syndicated financing of 150 million euros managed entirely through distributed registration technology (DLT), popularly known as blockchain. This operation represents a milestone in the financial sector, as it becomes the first real syndicated loan whose full life cycle, from formalization and disbursement to the management of interests, authorizations, amortizations, assignments and matu…
Iberdrola, BBVA and Santander manage a syndicated financing of 150 million euros with blockchain to digitize the entire loan cycle
Iberdrola, BBVA and Santander Sign the First Syndicated Financing Managed with Blockchain Technology
The operation of Iberdrola represents a step forward in digitization as it is the first syndicated loan whose full life cycle is managed by this technology.
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