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APAC

ADB supports Dubai Islamic Bank Pakistan to expand trade...

The Asian Development Bank’s (ADB) trade and supply chain finance program (TSCFP) has signed... (more…)

#Asian Development Bank

Factoring Amendment Bill passed by Lok Sabha in India

The Lok Sabha (House of People - the lower House of Indian Parliament) passed on Monday... (more…)

#Factoring bill


Proposed change of Indian factoring law will facilitate access...

The proposed Factoring Regulation (Amendment) Bill, 2020, is expected to give micro, small and medium enterprises... (more…)

#factoring law#receivables discounting#regulation


Korean bank signs US$30m receivables finance facility with Deutsche...

The Export-Import Bank of Korea (Kexim) has signed a US$30m finance facility with ... (more…)

#bank#Deutsche Bank#exporters


Indian Factoring Regulation Bill to move to lower House...

Indian Finance Minister Nirmala Sitharaman is going to move the Bill to amend the Factoring Regulation Act... (more…)

#factoring regulation


Indian authority IFSCA issues norms for ITFS to provide...

The need for setting up International Financial Services Centres in India was felt in... (more…)

#IFSCA


Share of invoice discounting transacted by CPSEs via TReDS...

In November 2018, the MSME Ministry mandated all companies with a turnover of more than INR 500 crore and... (more…)

#bank#invoice#payment delays


Drip Capital collaborates with SBM Bank India to offer...

Drip Capital, a leading fintech provider of cross-border trade finance, had announced its collaboration with SBM Bank India to offer…

#Drip Capital


Euler Hermes and NORD/LB sign first Green2Green single risk...

Euler Hermes and NORD/LB announce first Green2Green single risk policy in... (more…)

#credit risk#ESG#insurance


SINOSURE becomes first Chinese insurer to open regional office...

In order to promote the development of China’s foreign trade and investment and support ... (more…)

#Sinosure


ArcelorMittal venture executes India’s first ‘paperless bill discounting transaction’

ArcelorMittal Nippon Steel, a joint venture between ArcelorMittal and Japan's Nippon Steel... (more…)

#bank#digital#ICICI Bank


Indian fintech starts invoice discounting and expands to Saudi...

PayMate, an Indian business-to-business payment fintech firm, has announced... (more…)

#PayMate

Credit gap of Indian MSMEs is estimated at US380bn

The second wave of the pandemic, which exposed weaknesses of MSMEs... (more…)

#credit gap#receivables discounting

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