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ICICI Bank to prioritise SME lending and SCF

ICICI Bank, India’s private lender that built its fortunes on lending for building big projects, has announced it will be shifting focus to SME lending and supply chain financing to grow in the future as it works to ensure that new...

#ICICI Bank#supply chain finance

Third of Irish SMEs write off bad debts

A third of SMEs in Ireland have written off bad debts over the past 12 months, with the average amount…

#bad debts#cash-flow


Wilko seeks alternative lending due to financial struggles

Discount chain Wilko is currently in talks to secure a £30 million cash injection as cost pressures intensify in the…

#alternative financing


Komgo to consolidate market for digital trade finance with...

GlobalTrade Corporation (GTC), a multi-bank trade finance solutions provider, has announced today that it has been acquired by Komgo, a…

#bank#guarantees#international


Voy introduces ESG scoring app for SCF players

Voy, the blockchain technology company that builds digital, liquid, and sustainable global trade finance infrastructure is piloting a new app…

#blockchain#ESG#supply chain finance


ADB and Bank of Georgia join forces to promote...

The Asian Development Bank (ADB) and the Bank of Georgia (BOG) have signed a risk-sharing agreement to promote supply chain…

#ADB#risk sharing agreement#supply chain finance


AREX Markets sells Finland operations to Svea Bank

AREX Markets, the Spanish FinTech invoice financier has announced the sale of its Finland operations to Swedish payment and financing…

#bank#invoice#invoice financier


ITFA publishes Uniform Rules for Transferable Electronic Payment Obligations

As new technology and legislation usher in the ability to create electronic payment obligations... (more…)

#digital#Sean Edwards#trade


IFC expands green finance for SMEs in Bulgaria, Croatia,...

A new investment will help expand access to climate finance, supporting small and medium enterprises (SMEs), while bolstering the banking…

#bank#emerging markets#management


MUFG completes sale of MUFG Union Bank to U.S....

On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all…

#MUFG#MUFG Bank#MUFG Union Bank


Kyriba and J.P. Morgan Payments launch new real-time treasury...

Kyriba, a global leader of cloud-based finance and IT solutions, and... (more…)

#supply chain finance


Tide acquires Funding Options

Tide, the leading digital business banking platform, has announced it... (more…)

#Funding Options#Tide#working capital finance

How e-invoicing growth is expanding trade finance opportunities for...

The accelerating global growth in e-invoicing is offering banks much greater opportunities in trade finance... (more…)

#bank#invoice#invoice management

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