Antwerp: The Antwerp World Diamond Centre (AWDC) is aware of the impact of the closing down of the Antwerp Diamond Bank. Sound and reliable financing are a critical factor for a successful diamond trade in Antwerp, AWDC said.

It is making all possible efforts to guarantee a sustainable solution and is in constant consultation with ADB. As a result, a number of safeguards have been obtained.

The wind-down will consist of various phases, the impact of which will vary from customer to customer. AWDC will inform the sector concerning the state of play of this crucial matter.