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TuranBank and Asian Development Bank sign trade finance agreement

Marking a significant milestone, TuranBank OJSC, Azerbaijan has entered into a pivotal agreement with the Asian Development Bank (ADB) to finance international trade operations.Within the framework of the new agreement, ADB approved a trade financing guarantee limit by including TuranBank OJSC...

#ADB#bank#international

Santander names new Global Head of Trade and Working...

Enrique Rico is the new Global Head of Trade and Working Capital Solutions of Santander. The new appointment follows the…

#working capital


TradeSun signs cooperation agreement with Wells Fargo

TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade…

#TradeSun


Time Finance secures senior appointment in invoice finance team

Time Finance is announcing Jason Poxon as Business Development Manager in its invoice finance team. Jason joins with 10 years of experience…

#financial services#funding#invoice


Finastra integrates AI ESG scoring into trade and supply...

Finastra today announced that it has integrated AI-powered ESG (environmental, social and governance) scoring capabilities into its working capital solution,…

#financial services#international#regulation


Surecomp and Cleareye.ai partner to enhance AI powered trade...

Surecomp® has announced a strategic partnership with Cleareye.ai Inc., a leading provider of digital trade finance solutions providing automation of trade…

#Cleareye.ai#digital trade finance


Industry-led taskforce launched to drive open finance innovation in...

The Economic Secretary to the Treasury, Bim Afolami MP, has announced a new industry-led taskforce, to be chaired by the…

#open banking#SME lending


First National Bank introduces system-based credit tool to empower...

First National Bank (FNB) has introduced a system-based tool to help SMEs to easily access credit without the hassle of…

#SME lending


Veefin and Computech Partner to provide digital lending and...

Africa is at the forefront of digital transformation, and the region's banking industry is a hotspot for innovative solutions to…

#Raja Debnath#supply chain finance#Veefin


Lloyds Bank successfully executes first WaveBL eBill transaction

Lloyds Bank has completed its first transaction using an electronic Bill of Lading (eBL) on the WaveBL trade documentation platform,…

#eBL#Enigio#Lloyds Bank


Citigroup names Shane Azzara as Head of Asset-Based and...

Citigroup appoints Shane Azzara as the successor to Shapleigh Smith as head of asset-based and transitional finance. Smith is set…

#Managerial Appointments


Barclays leads Series B round for Funding Xchange

Barclays spearheads Series B funding for Funding Xchange (FXE), a leading provider of white-label software designed for SME lenders. Founded…

#SME lending

Bizcap to launch in UK, transforming SME funding

Australian lender Bizcap is set to launch in the UK, aiming to empower small businesses by swiftly providing them with…

#SME lending

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