- Partnered with Emirates Development Bank (EDB) to launch UAE’s National SCF platform, giving UAE businesses improved access to working capital
- SCF solutions enable suppliers to gain quicker access to money they are owed, while buyers get more time to pay off their balances
- New platform will offer a simple, fast and transparent way for bank lenders to onboard both buyers and suppliers
- The initial phase of the project offering a payables finance solution has now gone live
- The next phase set to provide a comprehensive suite of buyer and supplier centric SFC variations, including Islamic Finance products
- Bringing together buyers, suppliers and banks onto one platform, the National Supply Chain Finance solution helps simplify
