Articles with tag: trade financing

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Deutsche Bank provides USD 43 mln trade finance facility for rural Myanmar

15 Sep 2020 | E-invoicing, SCF & E-procurement

Deutsche Bank has announced that it has provided a USD 43 million account receivable purchase facility to China National Technical Import & Export Corporation.

China Export & Credit Insurance Corporation, Deutsche Bank, trade finance, trade finance facility, banking, trade financing, Myanmar, Asia, APAC

Infor, DBS Bank partner for global supply chains digital financing

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

Cloud software provider Infor has partnered with Singapore-based DBS Bank to integrate digital trade financing capabilities into the Infor Nexus global network. 

Infor, DBS Bank, Asia, Singapore, digital trade financing, supply chain finance, Infor Nexus, cloud software, bank, SMEs, pre-shipment finance, supply chain data, risk, credit, capital, credit risk

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

DBS accelerates trade financing digitalisation amid Covid-19 concerns

16 Mar 2020 | E-invoicing, SCF & E-procurement

Singapore-based DBS Bank has closed the completion of its trade financing settlement through vCargo Cloud’s CamelONE Trade Finance portal, IBS intelligence reports.

Singapore, DBS Bank, trade financing settlement, vCargo Cloud’s CamelONE, Trade Finance portal, Asia Pacific, APAC, freight booking, cargo insurance, digital trade, COVID-19, coronavirus

Traydstream, StanChart to digitise documentary trade matching processes

03 Sep 2019 | E-invoicing, SCF & E-procurement

Traydstream’s digital trade document matching services have been introduced to Standard Chartered’s clients, to improve document trade processing.

Traydstream, StanChart, Standard Chartered, trade finance, documentary trade matching processes, trade matching, Singapore, Asia, APAC, trade export markets, trade financing cycle

Velotrade completes cross border trade financing transaction

21 May 2019 | E-invoicing, SCF & E-procurement

Account receivables financing platform Velotrade has executed cross border trade receivables transactions involving mainland Chinese companies.

Velotrade, trade finance, Qianhai Financial Assets Exchange, QEX, partnership, trade financing transaction, China, Asia, APAC