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Asia

Uzbekistan estimated to have US$1.93bn factoring potential

Uzbekistan has approximately US$1.93bn potential for factoring, according to a release from Trend News Agency. This factoring volume is calculated based on an average penetration rate to GDP existent in the neighbouring countries (2.4 per cent) and the level of...

#ADB

UpCap launches invoice discounting for Indian businesses

The Indian fintech platform, UpCap, has launched its first product, called ... (more…)

#funding gap#supply chain finance


Allianz Trade appoints Chris Markesteijn as APAC Regional Head...

Allianz Trade in Asia Pacific has announced an appointment of Chris Markesteijn as Regional Head of Surety and Guarantees with…

#Allianz Trade#Managerial Appointments#trade credit insurance


Tradewind provides $1.45 export factoring facility

Tradewind Finance has arranged a US $1.45 million export factoring facility for a printer in Hong Kong, a major global…

#Tradewind


Pakistan’s SMEs heavily underfinanced, CCP study reveals

The Competition Commission of Pakistan (CCP) has concluded an extensive study titled “Enhancing Economic Efficiency of SMEs in Pakistan”, identifying…

#MSME financing#SME lending


HDI launches Asian political risk and credit business with...

The Singapore branch of the industrial insurer HDI Global SE, part of the Talanx Group, has hired Markel’s James Guardino…

#credit risk#Managerial Appointments#political risk


EnKash to streamline AP and AR for Indian...

Spend management platform Enkash on Thursday announced the launch of Olympus, which will enable the automation of business payables and…

#account payables#account receivables


Deutsche Bank names Matthew Moodey new APAC trade finance...

Deutsche Bank appoints Matthew Moodey as head of trade finance and lending in Asia Pacific (Apac). Based in Singapore he will…

#Managerial Appointments


Supply chain finance growing in Pakistan but hurdles remain

A report by the Asian Development Bank (ADB), Supply Chain Finance in Central Asia and Caucasus, reveals Pakistan’s potentially large…

#ADB#Asian Development Bank#supply chain finance


IFC partners with Thai Credit to boost access to...

To support job creation and strengthen economic inclusion in Thailand, IFC is providing a US$105m loan to Thai Credit Retail…

#financial inclusion


Coface: Companies experience fewer payment delays in Asia

The Asia Corporate Payment Survey, conducted by Coface between November 2022 and April 2023, provides insights into the evolution of…

#Asia Corporate Payment Survey#payment delays


IFC aids Bangladesh trade finance market with $50m loan

The International Finance Corporation (IFC) is providing US $50m loan to Brac Bank in order to support small and medium-sized…

#working capital finance

SGTraDex pilots digital green trade finance

Singapore Trade Data Exchange (SGTraDex) today announced the successful completion of pilot green trade finance transactions in the built environment…

#DBS#ESG#green trade finance

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