JP Morgan Treasury Services Launches Escrow Services in Vietnam

JP Morgan Treasury Services has expanded its global escrow services to Vietnam, providing clients with an additional risk management solution across financial transactions. The bank said that it was responding to increased demand from clients in Vietnam seeking escrow services to support a range of capital market flows, including mergers and acquisitions (M&As), trade and construction.

Abdul Raof Latiff, head of treasury services for JP Morgan in ASEAN, said: “This is an important addition to our growing suite of solutions in Vietnam, demonstrating another step forward in our ongoing commitment to expanding our regional banking capabilities and offering integrated treasury management services to our clients in the region.”