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Standard Chartered introduces sustainable finance options for BBTL

Standard Chartered has launched of the sustainable finance variants of Borrowing Base Trade Loans (BBTL). The solution will be available in the United States, UK, UAE, South Africa, Singapore and Hong Kong. Further market launches are expected in the future....

#ESG#receivables#Standard Chartered

BIS’s Project Aperta to enhance global trade finance interoperability

The Bank for International Settlements (BIS) announced the launch of Project Aperta, an initiative aimed at reducing frictions and costs…

#BIS#digitalisation#digitisation


FFH invests in Lendingkart amid turbulent times

Lendingkart, India’s largest fintech company in the MSME (Micro, Small, and Medium Enterprises) lending space, is set for a transformative…

#fintech#investment#MSME finance


Nigeria’s senate advances Factoring Bill

The Nigerian Senate has taken a significant step towards improving the financial landscape for Micro, Small, and Medium Enterprises (MSMEs)…

#factoring#factoring legislation


BNY Mellon and Mizuho Bank forge landmark agreement to...

The Bank of New York Mellon Corporation ("BNY") and Mizuho Bank, Ltd. (“Mizuho Bank”), the banking arm of Mizuho Financial…

#BNY Mellon#International Trade#Mizuho Bank


Banco Central do Brasil adds receivables discounting to Drex...

The Banco Central do Brasil (BCB) recently unveiled the second phase of its Drex Pilot, the initiative aimed at developing…

#BCB#invoice discounting#smart contracts


Estonian fintech Tuum ventures into Sharia-Compliant ABL

Tuum, a next-generation core banking provider from Estonia, has launched its foundational Islamic Banking and Finance solutions, marking a significant…

#asset based lending#fintech#invoice finance


ICC launches new principles for sustainable trade finance at...

The International Chamber of Commerce (ICC) has introduced the Principles for Sustainable Trade Finance (PSTF) during Sibos 2024 in Beijing.…

#ICC#supply chain finance#sustainability


WFY’24: Factoring in China continued to grow in 2023

Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023,…

#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24


Small Business Commissioner to launch new Fair Payment Code...

The Small Business Commissioner, with the support of the Department of Business and Trade, will be launching a new Fair…

#Fair Payment Code#Gareth Thomas#late payments


Reserve Bank of India takes action against four NBFC

The Reserve Bank of India has yesterday, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of…

#Pricing Policy#Regulated Entities#regulatory


EU and EBRD back ProCredit Bank in Moldova to...

Moldovan businesses are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD),…

#EBRD#EU#EU4Business-EBRD Credit Line

Naomi Campion is appointed BDM to Time Finance’s invoice...

Time Finance is announcing the appointment of Naomi Campion as a Business Development Manager in its invoice finance team. Naomi…

#Adrian Payne#asset based lending#invoice finance

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