Asian Development Bank

Asian Development Bank: $2 Trillion Financing Gap Is Holding Back Trade
Asian Development Bank: $2 Trillion Financing Gap Is Holding Back Trade
February 02, 2023  |  Supply Chain

A “huge financing gap,” estimated at $2 trillion globally, is holding back international trade. Steven Beck, head of trade and supply chain finance program at...

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Axis Bank, ADB, Launch Supply Chain Financing Project
Axis Bank, ADB, Launch Supply Chain Financing Project
April 08, 2022  |  B2B Payments

India’s Axis Bank has signed an agreement with the Asian Development Bank (ADB) to support supply chain financing, the bank announced on its website Friday (April...

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ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
September 19, 2019  |  B2B Payments

The Asian Development Bank, which ramped up the trade finance industry’s focus on broadening access to small businesses after releasing a report that estimated the...

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Asian Development Bank Debuts Trade Finance Tool
Asian Development Bank Debuts Trade Finance Tool
September 05, 2018  |  B2B Payments

The Asian Development Bank (ADB), which recently pegged the world’s trade finance gap at $1 trillion, is launching a new trade finance tool aimed at combatting...

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Citi Inks $100 Million Trade Finance Deal With Asian Development Bank
Citi Inks $100 Million Trade Finance Deal With Asian Development Bank
May 14, 2018  |  B2B Payments

Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to share risk in trade finance transactions, reports in The...

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FinTech Has Yet To Make Impact On Trade Finance Gap
FinTech Has Yet To Make Impact On Trade Finance Gap
September 27, 2017  |  B2B Payments

Trade finance revenue is slipping at the world’s largest banks, especially as companies struggle in a global trade environment operating with a $1.5 trillion gap...

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Trade Finance Endures, And Overcomes, Banks’ Slow-Moving Innovation
Trade Finance Endures, And Overcomes, Banks’ Slow-Moving Innovation
September 07, 2017  |  B2B Payments

A few years ago, Sameer Sehgal, the new CEO of trade finance firm Traydstream, said he probably wouldn’t have agreed that banks are playing a...

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