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Citi, a financial institution with a 62-year presence in the Dominican Republic, has structured two loans to facilitate local trade and working capital activities under Citi's Social Finance strategy. The loans, provided to Banco Popular Dominicano and Banco Santa Cruz,...
#SME lending#working capital
Artis Trade Invest Fund (Liechtenstein) announces a new initiative for secured trade finance, providing short-term financing to European petrol stations.…
#credit risk#invoice#risk
Utah (USA)-based TAB Bank appointed Justin Hatch chief lending officer, effective immediately. In his new role, Hatch will oversee the…
#Managerial Appointments#working capital finance
Turkey’s fintech platform Faturalab and eBebek, a trailblazer in the mother and baby products industry, have partnered as part of…
#supply chain finance
The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance…
#SME lending#supply chain finance
In 2023, Brazil's fintech sector faces a significant challenge, with major players like Open Co and Nexoos experiencing a 60…
#receivables
IFC and DBS have signed a US$500m facility under IFC’s Global Trade Liquidity Programme (GTLP). The facility aims to promote…
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.…
For banks and lenders, choosing and implementing the right software systems is difficult. Elliot Avison, CEO at Dancerace, reveals what are…
#Elliot Avison
British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$100m finance facility with the Eastern…
#British International Investment
Turk Eximbank has signed a 10-year term resource agreement with an amount of €140m from a consortium of banks under…
#exporters#exports#financial institution
The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…
#bank#management#SME financing
Riverty and Adyen partner up to offer a 14-day invoice payment solution for Adyen’s customers in the DACH region. Central to this…
#buy now pay later