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Emirates Development Bank and Commercial Bank of Dubai forge...

Emirates Development Bank (EDB) and Commercial Bank of Dubai (CBD) have entered into a strategic partnership to enhance international trade services in the UAE.This collaboration combines EDB’s extensive client base and robust financial operational capabilities with CBD’s advanced trade finance...

#bank#guarantees#international

Afreximbank, CBZ bank launch $80m trade boost for Zimbabwe

Afreximbank, a prominent multilateral financial institution, has partnered with CBZ Bank to provide an $80m facility aimed at bolstering trade…

#bank#exporters#forum


Solifi celebrates 50 years of secured finance software solutions

Solifi, a global fintech software partner for secured finance, is celebrating its 50th anniversary after enjoying substantial growth in 2023.Founded…

#banks#cloud#digital


Civil Rail Solutions secures £3m invoice discounting solution from...

Civil Rail Solutions Limited (CRS), labour supplier for the rail and construction industries, has secured a £3m confidential invoice discounting funding…

#financial services#invoice#management


FABMISR and Cayesh team up to forward SCF in...

First Abu Dhabi Bank Misr (FABMISR), a prominent financial institution in Egypt, has entered into a strategic partnership with Cayesh,…

#supply chain finance#working capital


HSBC announces Global Trade Solutions

HSBC has today announced the launch of Global Trade Solutions (GTS), a new identity for the bank’s long-standing Global Trade and Receivables Finance (GTRF) business. The launch marks the next step in HSBC’s…

#bank#digital#financial services


EIB and Banco Sabadell sign guarantee agreement to facilitate...

The European Investment Bank (EIB) and Banco Sabadell have signed a guarantee agreement for up to €200m as the first tranche of…

#bank#EIF#interest rates


CBF provides £18m invoice discounting facility to Smart Solutions

Cynergy Business Finance (CBF), the asset-based lending subsidiary of Cynergy Bank, has delivered £18m invoice discounting facility to recruitment services…

#Cynergy Business Finance#working capital


Global ESG trade finance deals leap 44% in a...

For the first time, Demica’s annual global survey reveals most trade finance and working capital professionals (62 per cent) have…

#working capital


IFC and ABSA to support coffee farmers in East...

IFC, a member of the World Bank Group, and Absa Group Limited, a South African-based bank, will provide an up…

#working capital


BFS comments on UK inflation rate announcement

In light of this morning’s inflation rate announcement, Michael McGowan (pictured), Managing Director, Foreign Exchange at Bibby Financial Services, commented:   “Today’s announcement…

#bank#Bank of England#interest rates


Tata Motors and Bajaj Finance collaborate for enhanced SCF...

In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata…

#financial services#funding#management

TReDS platform RXIL finances $12bn in invoices

The Trade Receivables Discounting System (TReDS) platform, Receivables Exchange of India Ltd (RXIL), has financed over five million invoices totalling…

#bank#invoice#platforms

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