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Sri Lanka

NDB Bank launches TradeLinc for supply chain finance

NDB Bank has launched TradeLinc, a new in-house platform designed to provide Sri Lankan businesses with supply chain financing (SCF) solutions. The fully digital, 24/7 platform was developed internally by NDB to address the specific challenges faced by local businesses,...

#digital SCF platform#fintech#NDB Bank

Seylan Bank launches factoring services for businesses

Seylan Bank has expanded their financial services with ‘Seylan Factoring’, a tool that allows businesses to raise liquidity based on…

#Cash flow#factoring#Seylan Bank


ComBank joins forces with IFC to enhance SCF in...

The Commercial Bank of Ceylon (ComBank), based in Sri Lanka, has recently announced a new partnership with the International Finance…

#SME lending#supply chain finance


ADB approves US$100m loan to boost SME access to...

The Asian Development Bank (ADB) has approved a US$100m loan to provide SMEs in Sri Lanka more access to finance…

#ADB#guarantees


MBSL partners with Affiniti to improve receivable management

Merchant Bank of Sri Lanka & Finance PLC (MBSL) recently signed an agreement with ... (more…)

#receivables management


ADB’s trade finance program supports medical supplies to combat...

The Asian Development Bank (ADB) has provided a guarantee for a US$25m trade loan to the... (more…)

#ADB#Asian Development Bank


HSBC launches digital SCF solution for Sri Lanka clothiers

HSBC has revealed that it is launching a web-based supply chain platform specifically for... (more…)

#bank#blockchain#invoice


HSBC Sri Lanka to bring in new perspectives to...

HSBC Sri Lanka which is investing to transform Sri Lanka’s trade finance sector with tech and innovation, got... (more…)

#bank#invoice#management


Sri Lankan bank raises US$60m in foreign funding for...

With its strong ethos of nurturing and fostering micro and SMEs in the country to... (more…)

#bank#business finance#emerging markets


Infosys Finacle, HNB to pioneer DLT-based SCF in Sri...

Sri Lanka-based Hatton National Bank(HNB) has selected Finacle Trade Connect to enable a blockchain-based domestic and cross-border trade finance network.…

#bank#blockchain#risks


Sri Lankan government to support SMEs finance

The Government of Sri Lanka launched “Empower,” its latest effort to assist small and medium-sized enterprises... (more…)

#guarantees#interest rates#international


Creating an environment conducive to SME growth is imperative...

The ability of small and medium-sized enterprises (SMEs) to establish themselves and scale their operations is integral to Sri Lanka…

#ADB#bank#international

ADB gives USD 75mn for lending to Sri Lanka’s...

Sri Lanka has decided to obtain an additional financing through a loan of US$75 million dollars from the Asian Development…

#ADB#bank#international

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