FAB partners with Abu Dhabi government on supplier finance initiative

  • Date: 20-Jan-2021
  • Source: Global Trade Review
  • Sector:Financial Markets
  • Country:UAE
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FAB partners with Abu Dhabi government on supplier finance initiative

The Abu Dhabi government has announced the launch of a US$1.6bn supply chain finance (SCF) facility that aims to provide liquidity to SMEs, initially in the healthcare sector. According to an announcement from the emirate's Department of Finance, the first phase of the initiative is being launched in partnership with First Abu Dhabi Bank (FAB) ...

The post FAB partners with Abu Dhabi government on supplier finance initiative appeared first on Global Trade Review (GTR).The Abu Dhabi government has announced the launch of a US$1.6bn supply chain finance (SCF) facility that aims to provide liquidity to SMEs, initially in the healthcare sector. According to an announcement from the emirate's Department of Finance, the first phase of the initiative is being launched in partnership with First Abu Dhabi Bank (FAB) ...

The post FAB partners with Abu Dhabi government on supplier finance initiative appeared first on Global Trade Review (GTR).