Articles with tag: covid 19

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IFC, Union Bank to boost access to trade finance in Nigeria

12 Oct 2020 | E-invoicing, SCF & E-procurement

IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business and enable increased international trade for Nigeria.

Nigeria, IFC, Union Bank, trade finance, Covid 19, financing, SMEs, letters of credit, trade-related promissory notes, guarantees, bonds, advance payment guarantees

EBA publishes work programme for 2021, with focus on innovation and fighting AML/CFT

01 Oct 2020 | Payments General

The European Banking Authority (EBA) has published its annual work programme for 2021, describing the activities and tasks of the Authority for the coming year and highlighting its key strategic areas of work.

AML/CFT, EBA, financial innovation, banks, financial sector, Environmental, Social, Governance, Covid 19

IFC provides USD 50 mln loan to Access Bank for Nigeria-based businesses amid Covid-19

20 Jul 2020 | E-invoicing, SCF & E-procurement

World Bank Group member IFC has provided a USD 50 million loan to Access Bank to help the bank increase liquidity to SMEs in Nigeria challenged by COVID-19. 

IFC, Access Bank, World Bank Group, Nigeria, SMEs, covid 19, Africa, loan, fast track financing support package, fast track facility, trade financing, working capital, business clients, disrupted cash flows, retail bank

Danish Export Credit Agency, Tradeshift to support supply chain finance programme

07 May 2020 | E-invoicing, SCF & E-procurement

Tradeshift, a supply chain payments specialist, has been working with the Danish Export Credit Agency (EKF) to open liquidity to businesses in Denmark.

supply chain. B2B payments, partnership, Covid 19, Danish Export Credit Agency, partnership, buyers, sellers, credit lines, Denmark