Columbus, Ohio-based Huntington Bancshares and BankAmerica Corp. have struck a deal to provide trade finance services through a Hong Kong-based Huntington subsidiary.

Under the arrangement, BankAmerica will issue letters of credit through two units Huntington has set up-Huntington Trade Services Inc., in Columbus, and Huntington Trade Services Asia Ltd. The letters of credit will be issued in Huntington's name, and processing will be handled electronically via BankAmerica.

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