Large companies in Asia are turning to the biggest banks in the region for support as they navigate disruptions caused by the U.S.-China trade war. In some cases, that means passing on lower-priced providers of trade finance and other services to get access to big banks’ international networks and expertise—a trend that is likely to […]
Singapore, 14 November 2019, Thursday – CIMB Bank Berhad, Singapore branch (“CIMB”) today announced its collaboration with SESAMi Holding and Capital Match, to finance the SESAMi trading community’s invoices digitally under an automated workflow. SESAMi Holding, an e-procurement platform in Singapore serving the supply chain needs for customers like Singtel, SATS, SIA, SRC and more, […]
Estimated reading time: 1 minute HSBC today announced the launch of HSBC TradePay, an industry first, document free trade finance solution that enables clients to instantly drawdown trade loans and pay suppliers. HSBC TradePay is a faster, simpler, 100% digital way for companies to seamlessly pay suppliers and improve their working capital position. By using […]