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SC Finserv has received formal approval from the Reserve Bank of India (RBI) to commence factoring business activities, marking a key milestone in the company’s strategic diversification into working capital financing solutions. In a regulatory filing under Regulation 30 of...
#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…
#trade finance
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…
Allianz Trade has announced the promotion of Wee Lee Quah to APAC regional Chief Operations Officer (COO), effective 1 January…
#trade credit insurance
DBS Bank India has extended a INR 670 crore (US$74.8m) Sustainability-Linked Trade Facility (SLTF) to Indorama India Private Limited (Indorama),…
#working capital
The Inland Revenue Board of Malaysia (IRB) has reaffirmed its commitment to the nationwide e-Invois programme through a strategic engagement…
#e-invoicing
Finastra, a global leader in financial services software, today announced the opening of two new offices as part of its…
#payments