foreign currency funding
Bangladesh’s City Bank clinches $30m trade finance loan with UK’s CDC
Bangladesh’s City Bank clinches $30m trade finance loan with UK’s CDC
It will be used to extend foreign currency trade to local banks and businesses.
Risks for Sri Lankan banks may rise when ISB investment suspension lifts: Fitch
Even with the suspension lifted, banks will still have difficulties accessing foreign currency funding.
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1. Hong Kong, China launch Payment Connect for faster cross-border payments 2. Metrobank names Renato De Borja, Jr. as head of financial & control sector 3. Japan’s SMBC invests in biotechnology fund 4. PBCOM appoints new treasury trading team head 5. Chongqing Rural Commercial Bank to hold steady through 2026Resource Center
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Fintech solutions must be tailored to keep pace with evolving customer needs – Kearney’s Kevin Kwek
He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.