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Asia

Teraju unveils RM100M Shariah-Compliant i-WCPF to boost Malaysian businesses

The Bumiputera Agenda Steering Unit (Teraju), an agency under the Economy Ministry, has committed RM100m (US$23.2m) to its new Islamic Working Capital Project Financing (i-WCPF) programme. This initiative offers quick access to financing through digital platforms, including peer-to-peer (P2P) lending....

#P2P lending#Teraju#working capital finance

EnterpriseSG partners with Credit Europe Bank to boost overseas...

Enterprise Singapore (EnterpriseSG) has teamed up with Credit Europe Bank N.V. (CEB) to enhance financing options for Singapore companies expanding…

#CEB#EnterpriseSG#trade finance


NCC Bank introduces four new SME products in Bangladesh

Recognising the significant role of the CMSME (Cottage, Micro, Small, and Medium Enterprises) sector in the national economy and aiming…

#sme finance#supply chain finance


India Exim Finserve and VoloFin partner for export receivables...

India Exim Finserve IFSC Pvt Ltd, a subsidiary of Export-Import Bank of India (India Exim Bank), has teamed up with…

#accounts receivables finance#export finance#India Exim Finserve


Enhancing the fight against trade-based money laundering: insights from...

Trade-based money laundering (TBML) poses significant challenges for law enforcement and financial institutions due to its complexity and the lengthy…

#ADB#anti money laundering#trade finance


Aon study highlights longer cash conversion times impacting liquidity...

Aon plc, a leading global professional services firm, has released its 2024 Working Capital and Performance Benchmarking Report for the…

#AON#liquidity


HSBC launches HKD 5bn financing plan for SMEs in...

HSBC has launched a HKD 5bn (US$641 million) financing plan to support small and medium-sized enterprises (SMEs) in Hong Kong. According…

#fintech#HSBC#sme finance


Axis Bank and Next Bharat Ventures launch MSME working...

Axis Bank has signed a Memorandum of Understanding (MoU) with Next Bharat Ventures IFSC, a subsidiary of Suzuki Motor Corporation,…

#Axis Bank#MSME financing#Next Bharat Ventures IFSC


Krungthai Bank partners with Dohome for ESG trade finance

Krungthai Bank, a leading commercial bank in Thailand, has partners with Dohome and launched the "ESG-linked trade finance and FX…

#Dohome#ESG#Krungthai Bank


Bizongo launches embedded SCF platform and makes new appointments

Bizongo, a B2B specialist in supply chain financing (SCF) has launched BizongoFin and BizongoBuy, two new platforms. Backed by Accel…

#Bizongo#BizongoBuy#BizongoFin


Veefin acquires EpikIndifi in US$14.9m deal, expanding digital lending

In its third recent acquisition, the Veefin Group of Companies has acquired EpikIndifi, a digital lending platform, in a cash…

#aquasition#digital lending#EpikIndifi


HABIBMETRO delivers enhanced SCF solution to Pak Suzuki

HABIBMETRO, a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich,  has entered into a strategic partnership with Pak Suzuki…

#HABIBMETRO#Pak Suzuki#supply chain finance

Kredit Hero debuts in the Philippines, transforming SME financing...

Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines,…

#AI#artificial intelligence#SME financing

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