Spain Bank BBVA Announces $150 Million Syndicated Loan on Blockchain

in #blockchain • 6 years ago

Spanish banking behemoth BBVA has announced it has completed a pilot test of a syndicated loan through a DLT system, according to a report from Financial Times.
The report states that the Spanish bank organized the loan for Red Electrica, the national grid operator and the biggest electricity distribution company in the country.

Read the full article at https://bitcoinnews.com/spain-bank-bbva-announces-150-million-syndicated-loan-on-blockchain/

6 years ago in #blockchain by
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