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BRAC Bank has completed the implementation of an integrated trade finance platform combining Finastra's Trade Innovation and Corporate Channels solutions with Conpend's Trade AI technology, replacing fragmented processes across its corporate trade operations. The Bangladesh-based lender confirmed the go-live on...
#Bangladesh#Brac Bank#Conpend
Bangladesh’s ceiling on foreign-currency trade-finance charges is placing severe pressure on local banks’ margins and could reduce their access to…
#Bangladesh bank#correspondent banking#export bill discounting
Standard Chartered Bank (StanChart) has introduced export receivable finance for financial institutions and banks (RFFI) in Bangladesh, aimed at enhancing…
#receivables finance
BRAC Bank has entered into a partnership with Bangladesh Infrastructure Finance Fund Limited (BIFFL) to expand access to affordable financing…
#sme finance
Standard Chartered Bangladesh has launched export receivable finance for financial institutions (RFFI) in partnership with BRAC Bank PLC, introducing a…
#Brac Bank#export receivable finance#receivable finance
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank…
#ITFC#Mutual Trust Bank#Nazeem Noordali
IFC, a member of the World Bank Group, is investing US$50m in City Bank PLC to help SMEs in Bangladesh…
#City Bank#IFC#Mashrur Arefin
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
The International Finance Corporation (IFC), a member of the World Bank Group, has invested US$90m to support export and import-based…
#working capital
City Bank recently signed a US$30m loan agreement with OPEC Fund for International Development (the OPEC Fund) to support international trade…
#bank#international#International Trade
Prime Bank has achieved a significant milestone as the first local bank in Bangladesh to successfully execute an international factoring…
#edifactoring
Kimiwa Saddat has assumed the role of Managing Director (Current Charge) at Meghna Bank PLC, effective today, Sunday, February 11,…
#corporate finance#Managerial Appointments
International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced the extension of its…
#International Islamic Trade Finance Corporation#Islamic Development Bank#ITFC