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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
IFC and DBS have signed a US$500m facility under IFC’s Global Trade Liquidity Programme (GTLP). The facility aims to promote…
#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
The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…
#bank#management#SME financing
Arqit Quantum Inc. (Arqit), and Vayana TradeXchange announce a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international…
#Arqit
Zoth, a real-world assets (RWA) protocol that bridges traditional finance with on-chain finance has successfully scaled its on-chain trade finance…
#blockchain
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
Malayan Insurance Co. Inc., a Philippine non-life insurance firm, has teamed up with Dutch Atradius Credito y Caucion S.A. de…
#Atradius
Indonesian fintech Akulaku Group announced that it has secured US$100m in debt financing from HSBC Singapore.Akulaku aims to deepen its…
#BNPL
Maybank, a financial services firm based in Malaysia, has entered a memorandum of understanding (MOU) with Singapore's Doxa Holdings International,…
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