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ICBC

ICBC launches SCF using RMB smart contracts

ICBC China’s biggest bank and e-commerce giant JD.com have worked together to develop a supply chain finance solution based on digital RMB smart contracts. This marks one of the first business applications of smart contracts for central bank digital currency...

#ICBC#smart contracts#supply chain finance

Banks agree $1.13bn trade finance for Ghana’s cocoa exports

Six banks have come together to sign this week a pre-export receivables backed trade finance facility of $1.13bn for Ghana…

#Ghana Cocoa Board#ICBC#Rabobank


Fintech partners with ICBC to facilitate development of SMEs...

...a leading independent fintech solutions provider, today announced a strategic alliance with... (more…)

#ICBC#PINTEC


ICBC branch in Hengyang city reports new achievement in...

Industrial and Commercial Bank branch in Hengyang city profits after factoring a deal for 9.9 million motor vehicles... (more…)

#bank#ICBC#recourse factoring


Enterprises commence yuan trade services

Several enterprises, including two Shanghai-based trading firms, are set to sign agreements this morning to start handling their cross- border…

#bank#Bank of China#ICBC


Calls for integration of SME financing instruments

China's ICBC suggests a more innovative approach to financing local SMEs. (more…)

#bank#Bank of China#ICBC

ICBC (Asia) to merge with Fortis Bank Asia HK...

Fortis (Fortis) has announced that the bank has signed a Sale and Purchase Agreement with Industrial and Commercial Bank of…

#bank#Bank of China#ICBC

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