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The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance Corporation (IFC) to enhance its supply chain financing (SCF) strategy, aimed at increasing lending to local SMEs.IFC regards ComBank as...
#SME lending#supply chain finance
In 2023, Brazil's fintech sector faces a significant challenge, with major players like Open Co and Nexoos experiencing a 60…
#receivables
IFC and DBS have signed a US$500m facility under IFC’s Global Trade Liquidity Programme (GTLP). The facility aims to promote…
#supply chain finance
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.…
For banks and lenders, choosing and implementing the right software systems is difficult. Elliot Avison, CEO at Dancerace, reveals what are…
#Elliot Avison
British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$100m finance facility with the Eastern…
#British International Investment
Turk Eximbank has signed a 10-year term resource agreement with an amount of €140m from a consortium of banks under…
#exporters#exports#financial institution
The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…
#bank#management#SME financing
Riverty and Adyen partner up to offer a 14-day invoice payment solution for Adyen’s customers in the DACH region. Central to this…
#buy now pay later
The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282m.Initiated for the exclusive…
#bank#international#trade
Just launched Lenvi's exclusive research on UK consumers' attitudes to borrowing in 2024 is now available to download.The report explores: Attitudes…
#BNPL#Lenvi#open banking
ITFA has opened for its members access to an industry framework for open account distribution. The Master Account Receivables Assignment Agreement (MARA)…
#assignment#credit risk#receivables
Arqit Quantum Inc. (Arqit), and Vayana TradeXchange announce a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international…
#Arqit