Prime Bank has achieved a significant milestone as the first local bank in Bangladesh to successfully execute an international factoring transaction through FCI. Recently, the bank inked an agreement with FCI in Dhaka, facilitating an international factoring transaction with UniCredit Factoring Italy.
The transaction, facilitated via FCI's cutting-edge EDI platform, EDIFactoring 2.0, signals a breakthrough in unlocking international funding for Bangladesh's export sector, thus presenting abundant opportunities for supply chain financing.
