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The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance Corporation (IFC) to enhance its supply chain financing (SCF) strategy, aimed at increasing lending to local SMEs.IFC regards ComBank as...
#SME lending#supply chain finance
Turk Eximbank has signed a 10-year term resource agreement with an amount of €140m from a consortium of banks under…
#exporters#exports#financial institution
Arqit Quantum Inc. (Arqit), and Vayana TradeXchange announce a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international…
#Arqit
Ujjivan Small Finance Bank (Ujjivan SFB) has entered a strategic partnership with Veefin Solutions, a supply chain finance (SCF) solutions…
#Raja Debnath#supply chain finance#Veefin
The Ministry of Trade, Industry, and Energy has declared an unprecedented injection of KRW255tn (US$190bn) into trade insurance this year,…
#exports#guarantees#smes
Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, has witnessed exponential growth in invoice financing volumes in the last…
#invoice#Invoicemart#receivables
Coface releases today the resulats of its survey on corporate payment behaviour in China.Coface's survey on payment behaviour shows that…
#invoice#management#payment delays
Federal Bank and WaveBL have jointly announced the successful completion of India's first-ever single-bank digital export collection bill transaction. WAVE…
#blockchain#eBL
The Asian Development Bank (ADB) has approved a US$100m loan to provide SMEs in Sri Lanka more access to finance…
#ADB#guarantees
Muthoot FinCorp, a prominent non-banking finance company (NBFC) in India boasting nearly 3600 branches, has enlisted Veefin Solutions as its…
#supplier finance#supply chain finance#Veefin
Cashinvoice, a digital supply chain finance platform, has partnered with SBI Global Factors Limited, India’s premier factoring provider, to expand…
#Arun Poojari#supply chain finance
Securitisation fundraising by small finance banks (SFBs) in India is anticipated to surpass Rs 10,000 crore (US$1.2bn) in FY2024, soaring…
#SME lending
IBSFINtech, a global treasury, risk, trade finance, and supply chain finance management company, has successfully secured a pre-series A round…
#digitisation#management#Oracle