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The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end of February to support international trade settlements in China's currency. The move aims to address the increasing demand for Chinese...
#HKMA#supply chain#swift
Netbank has formed a strategic partnership with fintech innovator Jia Financing to streamline loan distribution for small and medium enterprises…
#invoice finance#Jia financing#Netbank
In a landmark move to enhance credit availability for micro and small enterprises (MSEs), the Ministry of micro, small, and…
#CGTMSE#CredAble#NBFC
International Finance Corporation (IFC) has recently disclosed a proposed investment, a funded risk-sharing facility, with Sumitomo Mitsui Banking Corporation (SMBC)…
#IFC#Risk-Sharing Facility#SMBC
Reward Funding has further strengthened its UK growth plans by appointing Adrian Stalley as its first Head of Partnerships. In…
#Adrian Stalley#Nick Smith#Reward Funding
What will 2025 look like? Last year's electoral uncertainty may have been (partly) removed, but the horizon is still far…
#Coface#Country and sector risk barometer
Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade…
#Assist.AI#Finastra#trade finance
“There is a huge opportunity for us to improve the customer experience by utilizing the tools with the customer lens”…
#ABL#BCR webcasting#BFS
Romania’s GDP grew by 2.1 per cent in 2023, due to a 6.5 per cent increase in investments, which were…
#Alecsandra Valasuteanu#Romanian factoring#Unicredit
Pulse Cashflow Finance have appointed Jez Quigg in the newly created role of Head of Finance with immediate effect. The…
#Jez Quigg#Pulse Cashflow#Toni Dare
Commenting on UK interest rates being cut providing a potential boost for UK investments, Douglas Grant (pictured), Group CEO of…
#Bank of England#Douglas Grant#interest rates
Ares Capital Corporation (Ares Capital) announced Wednesday that Co-President Kort Schnabel has been appointed as Chief Executive Officer of the…
#Ares capital#Ares Capital corporation#Kort Schnabel
Allianz Trade, the world leader in trade credit insurance, today announces changes in its regional leadership teams. James Daly, CEO…
#Allianz Trade#James Daly#leadership