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Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023, although likely at a slower pace than seen in 2022 (23 per cent increase versus 2021), stated Chris Wohlert, Business...
#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24
The Reserve Bank of India has yesterday, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of…
#Pricing Policy#Regulated Entities#regulatory
Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at…
#Finastra#Fortune Vietnam Joint Stock Commercial Bank#Ho Nam Tien
The Hong Kong Monetary Authority (HKMA) has revealed significant enhancements to the small and medium enterprises (SME) financing guarantee scheme.…
#HKMA#HKSAR#loan guarantee period
Ebury, one of the world’s fastest-growing global fintechs, has opened its first office in Auckland, New Zealand. With this strategic…
#cash management#fintechs#international
Rapital is set to transform the financial landscape to support both brokers and SME businesses facing difficulty in securing funding…
#Rapital#sme finance
The Bumiputera Agenda Steering Unit (Teraju), an agency under the Economy Ministry, has committed RM100m (US$23.2m) to its new Islamic…
#P2P lending#Teraju#working capital finance
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
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 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
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 plc, a leading global professional services firm, has released its 2024 Working Capital and Performance Benchmarking Report for the…
#AON#liquidity
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