Prime Bank has entered into an agreement with FCI in Dhaka, enabling the bank to carry out an international factoring operation with UniCredit Factoring Italy.
Factoring, invoice financing, and open account methods are vital for the global economy, aiding businesses in managing cash flow & liquidity.
In the world of finance for micro and small and medium-sized enterprises (SMEs), there’s a clear division between two crucial groups: Capital Deployers and Capital Providers. On one side, we have micro, small, and medium enterprises in emerging markets, brimming with potential due to growing local demand and export opportunities.
In this video, Neal Harm, (incoming) Secretary General of FCI, sat down with Peter Mulroy, (outgoing) Secretary General of FCI and Daniela Bonzanini, (outgoing) FCI Chairwoman reflect on the organisation’s evolution, strategic initiatives, and the future of factoring.
The FCI 55th Annual Meeting in Marrakech marked an important moment in receivables finance as the International Institute for the Unification of Private Law (UNIDROIT) launched the Model Law on Factoring.
2022 insurance highlights Trade credit insurance has been pivotal in risk management for businesses, notably in mitigating the risk of unpaid invoices, a major concern affecting business continuity. A closer… read more →
FCI, the global representative body for the factoring and receivables finance industry, has achieved a significant milestone by securing three major agreements during its annual meeting in Marrakesh.
Vinay Mendonca, Chief Growth Officer, Global Trade and Receivables Finance at HSBC, sat down with Deepesh Patel at Sibos Toronto to discuss these shifts and how they are influencing trade finance.
How could a common platform fluidify and modernise credit insurance operations and provide greater value to the industry?
Join TFG’s Deepesh Patel and Ravesh Lala, IBM’s Head of Business Development for Hybrid Cloud Solutions, at Sibos in Toronto as they clarify the complexity of generative AI and its diverse applications in the trade industry. Ravesh starts with one of the foremost challenges confronting banks in trade and supply chain finance—digitalisation. He underscores the critical importance of transitioning from conventional paper-based procedures to a fully digital supply chain to enhance operational efficiency.