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ITFC extends Murabaha trade finance facility to City Bank

International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced the extension of its Murabaha Trade Finance Facility to US$45m for City Bank under a syndicated arrangement.TAccoring to the press release, this is the highest...

#International Islamic Trade Finance Corporation#Islamic Development Bank#ITFC

Factoring faces challenges but brings opportunities in Botswana

Unlike other African countries, Botswana has excellent political stability and a stable economy, with no foreign exchange controls on foreign…

#assignment of receivables#bank#invoice


Asset-based lending holds steady in US

New origination activity was muted, but portfolios showed no signs of major deterioration in Q3 SFNet SurveyThe asset-based lending market…

#Asset-Based Lending Index#inflation#SFNet


Dun & Bradstreet and Hong Kong Export Credit Insurance...

Dun & Bradstreet (D&B), a leading global provider of business decisioning data and analytics, has announced the cooperation with Hong…

#credit risk#export credit insurance#exporters


Paragon announces new SME lending sales structure

Paragon Bank’s SME lending division has unveiled a new structure for its sales function, bolstering both the broker and vendor…

#John Phillipou#Paragon Bank#Stewart Good


LSM appoints new Global Head of Business Development and...

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Andrew Jackson to the role of Global Head…

#Liberty Specialty Markets


The new digital financial world

The digital age has progressed in 2023 for the receivables finance, trade loans and trade finance industry, with many successes,…

#Robert Meters#SCHUMANN


Haversine Funding welcomes Vince Mancuso as new Managing Director

Haversine Funding, a leader in the commercial lender finance sector, is proud to announce the appointment of Vince Mancuso as…

#commercial finance


Finacity facilitates increase and expansion of AR securitisation programme...

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from US$1.1bn to US$1.5bn of…

#securitisation


Deutsche Bank closes fifth trade finance securitisation

Deutsche Bank today announced the US$3.5bn issuance of TRAFIN 2023-1, the fifth iteration of its trade finance significant risk transfer…

#Deutsche Bank#receivables securitisation


WFY’23: Record increase in Austrian factoring volumes in 2022

The global economic downturn in 2022 affected Austria in the third quarter of the year, but for the year as…

#Raiffeisen Factor Bank#Simon Peterman#World Factoring Yearbook


InvoiceMate performs first transaction on XDC Network blockchain using...

InvoiceMate, a Dubai-based blockchain invoice finance fintech, has carried out a successful pilot transaction, showcasing the tokenisation of an invoice…

#InvoiceMate#TradeFinex

Invoicemart signs MoU with Grameen Foundation to empower women-led...

Invoicemart, India’s largest Trade Receivable Discounting System (TReDS) platform, has sign a Memorandum of Understanding (MoU) with Grameen Foundation for Social…

#Invoicemart

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