DP World Trade Finance goes global after $400m debut year 

DP World Trade Finance goes global after $400m debut year 

DP World Trade Finance has revealed plans to expand into Turkey this year before opening in a number of other countries. Working with Etihad Credit Insurance (ECI), the platform, which launched last year in the UAE, India and South Africa, has already financed more than $400 million of non-oil-based trade. Giving borrowers access to finance, […]

Platform matches borrowers and lenders

58,000 registered companies

SMEs ‘significant portion’ of transactions

DP World Trade Finance has revealed plans to expand into Turkey this year before opening in a number of other countries.

Working with Etihad Credit Insurance (ECI), the platform, which launched last year in the UAE, India and South Africa, has already financed more than $400 million of non-oil-based trade.

Giving borrowers access to finance, it helps lenders assess companies by providing data, visibility and transparency on transactions across the world. 

This allows them to analyse areas of potential risk and identify the viability of new businesses.

DP World moves to close trade finance gap for SMEs

DP World’s $150m complex to bolster UAE food security

DP World signs partnership with Turkish port operator

Sinan Ozcan, senior executive officer at DP World Financial Services, previously said he would like to see $5 billion worth of direct and indirect trade financing by 2027.

“Hopefully