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The International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank have inked an agreement to bolster trade financing for Uzbekistan's private sector, particularly small and medium-sized enterprises (SMEs).Under the agreement, ITFC will provide a line of financing of US$10m to...
#bank#international#management
The Turkish economy expanded by 5.6 per cent in 2022, according to the Turkish Statistical Institute (TurkStat), according to Filiz…
#international#invoice#purchase order
M1xchange, one of India’s TReDS platforms, which almost doubled its business volumes to INR 43,000 crore/INR 45,000 crore (US$5.18bn/US$5.42bn) for…
#Sundeep Mohindru
Kimiwa Saddat has assumed the role of Managing Director (Current Charge) at Meghna Bank PLC, effective today, Sunday, February 11,…
#corporate finance#Managerial Appointments
To help increase access to finance for small businesses in Thailand, especially women-owned or led firms, IFC is providing an…
#bank#emerging markets#interest rates
The Foreign Trade Bank of Cambodia (FTB) has joined the Asian Development Bank’s (ADB) Trade and Supply Chain Finance Programme…
#supply chain finance
Micro Connect, which connects global capital with micro and small businesses, announced the signing of a syndicated asset-backed loan (ABL)…
#asset based finance#Charles Li#Micro Connect
Supply chain financing platform Cashinvoice has raised US$3.4m (INR 28.2 crore) in a Series A funding round. The funding round…
#CashInvoice#HDFC Bank#supply chain finance
Financial technology startup Micro Connect, with backing from prominent figures like Hong Kong property tycoon Adrian Cheng and billionaire Li…
#Charles Li#Micro Connect
Singaporean fintech firm Validus Group is strategically addressing SME financing challenges in the region using data analytics, AI, and supply-chain…
#SME financing#SME lending#Validus
Veefin Solutions, a prominent technology vendor specialising in Supply Chain Finance in India, has recently expanded its clientele by onboarding…
#Raja Debnath#supplier finance#supply chain finance
India’s invoice discounting platform, TReDS, grew rapidly in 2023 according to figures released by the Reserve Bank of India (RBI).…
#bank#International Trade#invoice
Mayer Brown has announced that Janelene Chen has joined the firm's Banking & Finance practice as a partner in Singapore,…
#Mayer Brown