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Bangladesh

HSBC implements digital SCF solution for Unilever Bangladesh

The Hongkong and Shanghai Banking Corporation (HSBC) and Unilever Bangladesh conducted this month their first transaction using HSBC’s supply chain finance (SCF) platform. The digital solution provides working capital finance to Unilever’s suppliers, according to a statement. “We see digitising Unilever...

#digital#financial services#smes

Tradewind Finance announces US$3m SCF facility for garment company...

Tradewind Finance has closed a US$3m supply chain finance (SCF) facility for... (more…)

#Tradewind Finance


Banks in Bangladesh join PrimaDollar platform

Over the last few weeks, PrimaDollar has signed up 8 of the major banking groups in Bangladesh who... (more…)

#PrimaDollar


Challenges of using factoring mechanism in Bangladesh

Experts on Monday pinpointed challenges like lower capacity of bankers and people concerned in... (more…)

#bank#international#International Trade


Comments on factoring rule in Bangladesh

Bangladesh Bank (BB) issued a circular on June 25, 2020 allowing factoring in Bangladesh... (more…)

#bank#International Trade#invoice


IPDC and BACCO to facilitate expansion of MSME financing...

IPDC Finance Limited and Bangladesh Association of Call Center and Outsourcing (BACCO), have collaborated to... (more…)

#MSME financing


HSBC completes first ever receivables finance transaction in Bangladesh

This proposition has been rolled out in line with HSBC’s... (more…)

#accounts receivable finance


ADB expands Trade Finance Program to support private sector...

The Asian Development Bank (ADB) has expanded the Trade Finance Program ... (more…)

#Asian Development Bank


Maersk to launch trade finance services in Bangladesh

Danish conglomerate Maersk is set to introduce trade finance services in Bangladesh to make capital... (more…)

#Maersk


Bangladesh Bank circular facilitates transfer of ownership of export...

Financial trading companies operating in Bangladesh used to deal with transactions relating ... (more…)

#Bangladesh bank


IPDC rolls out blockchain-based supply chain finance platform

IPDC Finance Ltd has rolled out a blockchain-based supply chain finance platform, the first of its kind in Bangladesh, with…

#bank#blockchain#digital


Bangladesh Bank to launch international factoring

Bangladesh Bank Deputy Governor Ahmed Jamal said at a workshop on factoring at Pan Pacific Sonargaon Dhaka... (more…)

#Bangladesh bank#international factoring

Banking experts ask for credit guarantee scheme to finance...

“A Credit Guarantee Scheme (CGS) is of paramount importance to steer the... (more…)

#bank#guarantees#management

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