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Advancing Supply Chain Finance in Asia-Pacific
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Overview
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Crédit Agricole CIB collaborates with Demica to launch a supply chain finance platform in Asia-Pacific, offering financing for invoices in diverse currencies. Twinco Capital secures a 50 million euros facility with BBVA Spark for trade finance support. Xalts acquires Contour Network to boost digitalization in trade finance.
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How could the increased availability of trade finance for small- to medium-sized businesses in emerging economies contribute to overall economic growth and stability?
How might the partnership between Crédit Agricole CIB and Demica impact the accessibility of trade finance in the Asia-Pacific region?
What potential challenges could arise in implementing digitalization initiatives in trade and supply chain finance, as seen in Xalts' acquisition of Contour Network?
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