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Receivables Exchange of India Ltd (RXIL), India’s first Trade Receivables Discounting System (TReDS) platform, has announced an interim dividend of 21.6 per cent on its shares. This marks a historic milestone, as RXIL becomes the first TReDS platform in the...
#invoice discounting
Reinforcing its longstanding commitment to Sri Lanka’s private sector, the International Finance Corporation (IFC), a member of the World Bank…
#trade finance
The Hong Kong Monetary Authority (HKMA) has released a road map outlining 20 measures to be implemented over the next…
Finastra, a global leader in financial services software, announced that PT. Bank Negara Indonesia (Persero) Tbk (BNI), one of Indonesia’s…
SC Finserv has received formal approval from the Reserve Bank of India (RBI) to commence factoring business activities, marking a…
#factoring
Yue Da International Holdings Limited has announced that its wholly owned subsidiary, Yueda Commercial Factoring, has entered into a new…
CredAble, a global working capital technology platform, announced a strategic technology partnership with Citi to digitise its trade finance controls…
The Government of India has announced two new components under its Export Promotion Mission, committing a combined expenditure of INR…
#export finance
Anor Bank, a leading digital bank in Uzbekistan, has entered into a landmark line of financing agreement with the Islamic…
#sme finance
Filiz Ünal, Deputy Secretary General, Association of Financial Institutions, Turkey, shares insights on the Turkish factoring market in the regional…
Australian non-bank lender Renown Lending has increased its total funding capacity to AU$400m, up from AU$250m, extending the availability of…
Mynd FinTech, a subsidiary of M1xchange, has launched UFX (Unified Financing Xperience), a consolidated supply chain finance (SCF) platform for…
#supply chain finance
BRAC Bank has entered into a partnership with Bangladesh Infrastructure Finance Fund Limited (BIFFL) to expand access to affordable financing…