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  • Bpifrance selects Thought Machine to power finance offerings to SMEs

    Thought Machine, the UK-headquartered technology unicorn has been selected by Bpifrance, the French public investment bank, to use its cloud-native core banking platform. Bpifrance will be using Thought Machine’s Vault Core platform to power its digital transformation strategy.

    Thought Machine claims that Vault Core’s Universal Product Engine allows Bpifrance to build, test, and launch new products faster than other core systems. Its first product on Vault Core, a two-year commercial loan, is already live.

    The cloud-native design of Vault Core ensures Bpifrance can scale at pace, both in terms of product offerings and customer numbers. It will also be able to configure and personalise financial products to match customers’ specific needs.

    Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/bpifrance-selects-thought-machine-to-power-finance-offerings-to-smes

    #Bpifrance #CoreBankingPlatform #DigitalTransformation #FinTech #InvestmentBanking #SMEs #NgulminthangLhanghal
    Bpifrance selects Thought Machine to power finance offerings to SMEs Thought Machine, the UK-headquartered technology unicorn has been selected by Bpifrance, the French public investment bank, to use its cloud-native core banking platform. Bpifrance will be using Thought Machine’s Vault Core platform to power its digital transformation strategy. Thought Machine claims that Vault Core’s Universal Product Engine allows Bpifrance to build, test, and launch new products faster than other core systems. Its first product on Vault Core, a two-year commercial loan, is already live. The cloud-native design of Vault Core ensures Bpifrance can scale at pace, both in terms of product offerings and customer numbers. It will also be able to configure and personalise financial products to match customers’ specific needs. Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/bpifrance-selects-thought-machine-to-power-finance-offerings-to-smes #Bpifrance #CoreBankingPlatform #DigitalTransformation #FinTech #InvestmentBanking #SMEs #NgulminthangLhanghal
    NGULMINTHANGLHANGHAL.MYSTRIKINGLY.COM
    Bpifrance selects Thought Machine to power finance offerings to SMEs
    Thought Machine has been selected by Bpifrance, the French public investment bank, to use its cloud-native core banking platform, Vault Core.
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  • Vayana TradeXchange initiates its first transaction in partnership with VoloFin

    Vayana TradeXchange, the International Trade Financing Services (ITFS) platform facilitating cross-border trade finance under the supervision of the International Financial Services Centre Authority, GIFT City, announced the completion and disbursement of its first set of export financing transactions.

    Vayana TradeXchange (VTX) is built and operated by Vayana Pvt Ltd, a 100% subsidiary of Vayana Network, the largest Supply Chain Finance platform in India.

    The first set of transactions on VTX have been financed by VoloFin, a global FinTech company offering invoice and supply chain finance solutions to SME businesses. The first cross-border transaction between an Indian Exporter and the USA Buyer was successfully financed on VTX by VoloFin.

    VTX, the auction-based electronic platform will facilitate the financing of international trade flows by introducing various trade financing products at competitive terms. This will help exporters and importers in India and across the globe to convert their receivables into cash or obtain financing for payments of imports of goods & services.

    Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/vayana-tradexchange-initiates-its-first-transaction-in-partnership-with-volofin

    #NgulminthangLhanghal #banking #VayanaTradeXchange #TradeFinancingServices #VayanaNetwork #SupplyChainFinance
    Vayana TradeXchange initiates its first transaction in partnership with VoloFin Vayana TradeXchange, the International Trade Financing Services (ITFS) platform facilitating cross-border trade finance under the supervision of the International Financial Services Centre Authority, GIFT City, announced the completion and disbursement of its first set of export financing transactions. Vayana TradeXchange (VTX) is built and operated by Vayana Pvt Ltd, a 100% subsidiary of Vayana Network, the largest Supply Chain Finance platform in India. The first set of transactions on VTX have been financed by VoloFin, a global FinTech company offering invoice and supply chain finance solutions to SME businesses. The first cross-border transaction between an Indian Exporter and the USA Buyer was successfully financed on VTX by VoloFin. VTX, the auction-based electronic platform will facilitate the financing of international trade flows by introducing various trade financing products at competitive terms. This will help exporters and importers in India and across the globe to convert their receivables into cash or obtain financing for payments of imports of goods & services. Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/vayana-tradexchange-initiates-its-first-transaction-in-partnership-with-volofin #NgulminthangLhanghal #banking #VayanaTradeXchange #TradeFinancingServices #VayanaNetwork #SupplyChainFinance
    NGULMINTHANGLHANGH.WIXSITE.COM
    Vayana TradeXchange initiates its first transaction in partnership with VoloFin
    Vayana TradeXchange, the International Trade Financing Services (ITFS) platform facilitating cross-border trade finance under the.
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  • Accord Financial Unites Middle Market Financing

    Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies (“Accord”) (TSX: ACD) announced a realignment plan to better support the organization’s continued growth among middle market businesses, uniting all U.S. commercial financing programs under one umbrella. “Middle market companies are and have been a major growth engine for the U.S. economy,” stated Simon Hitzig, President, Accord Financial. “This reorganization will allow us to better support our clients as they face both challenges and opportunities when growing and sustaining their businesses.”

    Leading the U.S. Commercial team is Jim Hogan. Jim will be responsible for all Accord’s activities that address the U.S. middle market, including equipment finance, asset-based lending and factoring. “I am excited to work with such a strong team of professionals, offering customized financing to middle market companies and furthering Accord’s reputation as smart, flexible financial partners,” stated Hogan, President, U.S. Commercial. Joining Accord in January, Hogan has over 30 years of experience in asset-based lending and restructuring, including 17 years at GE Capital.

    Read more: https://ngulminthanglhanghal.wordpress.com/2022/11/18/accord-financial-unites-middle-market-financing/

    #finance #AccordFinancial #banking #equipmentfinance #Financing #Ngulminthang
    Accord Financial Unites Middle Market Financing Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies (“Accord”) (TSX: ACD) announced a realignment plan to better support the organization’s continued growth among middle market businesses, uniting all U.S. commercial financing programs under one umbrella. “Middle market companies are and have been a major growth engine for the U.S. economy,” stated Simon Hitzig, President, Accord Financial. “This reorganization will allow us to better support our clients as they face both challenges and opportunities when growing and sustaining their businesses.” Leading the U.S. Commercial team is Jim Hogan. Jim will be responsible for all Accord’s activities that address the U.S. middle market, including equipment finance, asset-based lending and factoring. “I am excited to work with such a strong team of professionals, offering customized financing to middle market companies and furthering Accord’s reputation as smart, flexible financial partners,” stated Hogan, President, U.S. Commercial. Joining Accord in January, Hogan has over 30 years of experience in asset-based lending and restructuring, including 17 years at GE Capital. Read more: https://ngulminthanglhanghal.wordpress.com/2022/11/18/accord-financial-unites-middle-market-financing/ #finance #AccordFinancial #banking #equipmentfinance #Financing #Ngulminthang
    NGULMINTHANGLHANGHAL.WORDPRESS.COM
    Accord Financial Unites Middle Market Financing
    Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies & (“Accord”) (TSX: ACD) announced a.
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  • African Development Bank Accepts Risk Participation Agreement with Crédit Agricole CIB

    As per the latest news, the Board of Directors of the African Development Bank Group has supported a Risk Participation Agreement of $50 million with Crédit Agricole Corporate and Investment Bank.

    This arrangement will help African Banks and their small and medium-sized enterprise (SME) customers to compete in more extended regional and international trade. It is focused on enabling a cumulative trade transaction volume of $450 million over the next three years.

    “This agreement boosts certainty among various African leaders to support a new trade dynamic on the continent,” explained Mohamed El Azizi, the African Development Bank’s Director General for North Africa. He added, “And this is important for the realization of the African Continental Free Trade Area, which will aid in bringing resilience, attract growth and boost a recovery that sets out opportunities and jobs.”

    Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/adb-accepts-risk-participation-agreement-with-credit-agricole-cib

    #AfricanDevelopmentBank #AfricanBanks #CréditAgricoleCIB #tradefinance #AfricanSMEs #NgulminthangLhanghal #Ngulminthang
    African Development Bank Accepts Risk Participation Agreement with Crédit Agricole CIB As per the latest news, the Board of Directors of the African Development Bank Group has supported a Risk Participation Agreement of $50 million with Crédit Agricole Corporate and Investment Bank. This arrangement will help African Banks and their small and medium-sized enterprise (SME) customers to compete in more extended regional and international trade. It is focused on enabling a cumulative trade transaction volume of $450 million over the next three years. “This agreement boosts certainty among various African leaders to support a new trade dynamic on the continent,” explained Mohamed El Azizi, the African Development Bank’s Director General for North Africa. He added, “And this is important for the realization of the African Continental Free Trade Area, which will aid in bringing resilience, attract growth and boost a recovery that sets out opportunities and jobs.” Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/adb-accepts-risk-participation-agreement-with-credit-agricole-cib #AfricanDevelopmentBank #AfricanBanks #CréditAgricoleCIB #tradefinance #AfricanSMEs #NgulminthangLhanghal #Ngulminthang
    NGULMINTHANGLHANGHAL.MYSTRIKINGLY.COM
    African Development Bank Accepts Risk Participation Agreement with Crédit Agricole CIB
    African Development Bank accepts the Risk Participation Agreement with Crédit Agricole CIB worth $50 million to promote intra-African trade. Read the full news.
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  • Global Trade Management Market Report 2022

    As per the latest report, the global trade management market size is expected to demonstrate a shift to USD 1.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% from 2021 to 2026. The major factors which are gearing up the trade management market include a surged volume of international trade, rising trend of digitization, legal guidelines, and compliances, to fuel the development of the trade management market worldwide during the forecast period.

    Services To Develop At A Higher CAGR During The Forecast Period

    Trade management services are essential to ensure the appropriate incorporation of trade management solutions with the complex network infrastructure established in an organization. Trade management services make sure that various trade solutions execute smoothly over a period by closely monitoring, maintaining, and improving the vital aspects of trade management solutions. It also boosts the international supply chain by automating and organizing trade processes, managing control costs, decreasing the probabilities of penalties and fines, and clearing customs quicker. The determining services for this report include counseling, execution and integration and support as well as maintenance.

    Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/global-trade-management-market-report-2022

    #GlobalTradeManagement #internationaltrade #DigitalizationandIncreasing #supplychain #Ngulminthang #NgulminthangLhanghal
    Global Trade Management Market Report 2022 As per the latest report, the global trade management market size is expected to demonstrate a shift to USD 1.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% from 2021 to 2026. The major factors which are gearing up the trade management market include a surged volume of international trade, rising trend of digitization, legal guidelines, and compliances, to fuel the development of the trade management market worldwide during the forecast period. Services To Develop At A Higher CAGR During The Forecast Period Trade management services are essential to ensure the appropriate incorporation of trade management solutions with the complex network infrastructure established in an organization. Trade management services make sure that various trade solutions execute smoothly over a period by closely monitoring, maintaining, and improving the vital aspects of trade management solutions. It also boosts the international supply chain by automating and organizing trade processes, managing control costs, decreasing the probabilities of penalties and fines, and clearing customs quicker. The determining services for this report include counseling, execution and integration and support as well as maintenance. Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/global-trade-management-market-report-2022 #GlobalTradeManagement #internationaltrade #DigitalizationandIncreasing #supplychain #Ngulminthang #NgulminthangLhanghal
    NGULMINTHANGLHANGH.WIXSITE.COM
    Global Trade Management Market Report 2022
    Global trade management market report 2022 covers the emerging trend of digitalization & increasing volume of international trade driving growth. Take a look.
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  • Banking Circle to Add USDC; Tillable Expands Farm Loans

    Banking Circle is adopting USD Coin (USDC), while farming loan platform Tillable is growing its lending program. Plus, decentralized finance (DeFi) lender Teller is launching a buy now, pay later (BNPL) initiative for purchasing non-fungible tokens (NFTs).

    Banking Circle to Adopt USD Coin

    European payments bank Banking Circle is adopting USDC on its platform as a payment acceptance, processing and settlement method. Banking Circle will act as a bridge between fiat bank accounts and stablecoins as the company moves toward its Web3 plans.

    Tillable Teams with Evergreen Bank to Expand Digital Farm Loans

    Farmland resource and loan platform Tillable is partnering with Evergreen Bank to expand its digital lending program. Tillable provides farmland mortgages, refinances, operating loans and rental financing, and it is striving to make owning and renting America’s farmland easy and sustainable.

    Teller Brings BNPL to NFT Market With ‘Ape Now, Pay Later’ Loans

    DeFi lender Teller is rolling out a BNPL feature so buyers NFTs can spread payments across installments. Bored Ape Yacht Club, Doodles, Meebits, Cool Cats and other NFT collections are included in Teller’s Ape Now, Pay Later initiative.

    Read more: https://ngulminthanglhanghal.wordpress.com/2022/07/11/banking-circle-to-add-usdc-tillable-expands-farm-loans/

    #finance #B2BPAYMENTS #EMBEDDEDFINANCE #FINTECH #GOLFGENIUS #NgulminthangLhanghal
    Banking Circle to Add USDC; Tillable Expands Farm Loans Banking Circle is adopting USD Coin (USDC), while farming loan platform Tillable is growing its lending program. Plus, decentralized finance (DeFi) lender Teller is launching a buy now, pay later (BNPL) initiative for purchasing non-fungible tokens (NFTs). Banking Circle to Adopt USD Coin European payments bank Banking Circle is adopting USDC on its platform as a payment acceptance, processing and settlement method. Banking Circle will act as a bridge between fiat bank accounts and stablecoins as the company moves toward its Web3 plans. Tillable Teams with Evergreen Bank to Expand Digital Farm Loans Farmland resource and loan platform Tillable is partnering with Evergreen Bank to expand its digital lending program. Tillable provides farmland mortgages, refinances, operating loans and rental financing, and it is striving to make owning and renting America’s farmland easy and sustainable. Teller Brings BNPL to NFT Market With ‘Ape Now, Pay Later’ Loans DeFi lender Teller is rolling out a BNPL feature so buyers NFTs can spread payments across installments. Bored Ape Yacht Club, Doodles, Meebits, Cool Cats and other NFT collections are included in Teller’s Ape Now, Pay Later initiative. Read more: https://ngulminthanglhanghal.wordpress.com/2022/07/11/banking-circle-to-add-usdc-tillable-expands-farm-loans/ #finance #B2BPAYMENTS #EMBEDDEDFINANCE #FINTECH #GOLFGENIUS #NgulminthangLhanghal
    NGULMINTHANGLHANGHAL.WORDPRESS.COM
    Banking Circle to Add USDC; Tillable Expands Farm Loans
    Today in B2B payments, Zwilling offers supply chain financing through partnership with Traxpay, and upSWOT and Wipro collaborate on financial tools for SMBs.
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  • GST as a credit risk assessment tool will help reduce NPAs for SMEs

    SMEs and MSMEs are the major growth engines of economies that rely on banks and financial institutions to help with their funding needs. Banks and financial institutions need solutions to help them navigate through multiple challenges of minimizing lending risks, securing data, streamlining credit operations, and safeguarding their profitability Mumbai: Inclusion of GST data as a parameter for credit risk assessment will help reduce NPAs for banks and financial institutions in SMEs and MSMEs lending. Talking to Bizz Buzz, Niraj Hutheesing, Founder and Managing Director of Cygnet Infotech, says:

    “All evaluations related to credit risk assessment and lending processes for SMEs/MSMEs now should also have indirect tax (GST data) as a parameter. This data allows lenders to monitor the credit worthiness for loan performance as an early warning, this will tremendously decrease the number of NPAs in the market.”

    As a differentiator Cygnet FinTech works on the data cash flow-based model that help lending institutions build a customer-centric model for credit underwriting. Since e-invoice is a mandate now, the invoice discounting/trade financing can be validated too. Banks want to focus on customers/prospects that are new to the space to generate more credit opportunities and give impetus to lending, and hence are collaborating more with fintech companies. Such fintech companies like Cygnet Fintech will enable these banks get consent-based data points from multiple data sources like ITR, MCA, GST, bank statements and more for analysing and making informed credit decisions, he said.

    Read more: https://articlesmaker.com/gst-as-a-credit-risk-assessment-tool-will-help-reduce-npas-for-smes/

    #SMEs #GST #creditriskassessmenttool #financialinstitutions #NPAs #CygnetFinTech #tradefinancing #NgulminthangLhanghal #Growtradefinance
    GST as a credit risk assessment tool will help reduce NPAs for SMEs SMEs and MSMEs are the major growth engines of economies that rely on banks and financial institutions to help with their funding needs. Banks and financial institutions need solutions to help them navigate through multiple challenges of minimizing lending risks, securing data, streamlining credit operations, and safeguarding their profitability Mumbai: Inclusion of GST data as a parameter for credit risk assessment will help reduce NPAs for banks and financial institutions in SMEs and MSMEs lending. Talking to Bizz Buzz, Niraj Hutheesing, Founder and Managing Director of Cygnet Infotech, says: “All evaluations related to credit risk assessment and lending processes for SMEs/MSMEs now should also have indirect tax (GST data) as a parameter. This data allows lenders to monitor the credit worthiness for loan performance as an early warning, this will tremendously decrease the number of NPAs in the market.” As a differentiator Cygnet FinTech works on the data cash flow-based model that help lending institutions build a customer-centric model for credit underwriting. Since e-invoice is a mandate now, the invoice discounting/trade financing can be validated too. Banks want to focus on customers/prospects that are new to the space to generate more credit opportunities and give impetus to lending, and hence are collaborating more with fintech companies. Such fintech companies like Cygnet Fintech will enable these banks get consent-based data points from multiple data sources like ITR, MCA, GST, bank statements and more for analysing and making informed credit decisions, he said. Read more: https://articlesmaker.com/gst-as-a-credit-risk-assessment-tool-will-help-reduce-npas-for-smes/ #SMEs #GST #creditriskassessmenttool #financialinstitutions #NPAs #CygnetFinTech #tradefinancing #NgulminthangLhanghal #Growtradefinance
    ARTICLESMAKER.COM
    GST as a credit risk assessment tool will help reduce NPAs for SMEs | Articles Maker
    SMEs and MSMEs are the major growth engines of economies that rely on banks and financial institutions to help with their funding needs. Banks and financial institutions need solutions to help them navigate through multiple challenges of minimizing lending risks, securing data, streamlining credit operations, and safeguarding their profitability Mumbai: Inclusion of GST data as […]
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  • Challenger Management Joins Hands With DP World To Finance Trade

    According to the latest news, DP World, a leading international logistics company and advanced supply chain solutions provider reported an association between CARGOES Finance by DP World and Challenger Management Limited, to help customers get working capital solutions from the international finance fund.

    CARGOES Finance by DP World is a fintech platform that brings global importers, exporters, and logistic companies to a single platform that requires getting finance from around the world with financial institutions. CARGOES Finance also delivers lenders access to data on cargo movements, empowering them to finance with peace of mind.

    Under the partnership, CARGOES Finance will be delivering digital instruments to Challenger Management to further accelerate paper-heavy processes, KYC (Know Your Customer) and anti-money laundering information on customers, and confidential trade data throughout the supply chain and other risk mitigant highlights on the platform.

    Read more: https://ngulminthang.weebly.com/news/challenger-management-joins-hands-with-dp-world-to-finance-trade

    #ChallengerManagement #DPWorld #FinanceTrade #DigitalTechnology #NgulminthangLhanghal
    Challenger Management Joins Hands With DP World To Finance Trade According to the latest news, DP World, a leading international logistics company and advanced supply chain solutions provider reported an association between CARGOES Finance by DP World and Challenger Management Limited, to help customers get working capital solutions from the international finance fund. CARGOES Finance by DP World is a fintech platform that brings global importers, exporters, and logistic companies to a single platform that requires getting finance from around the world with financial institutions. CARGOES Finance also delivers lenders access to data on cargo movements, empowering them to finance with peace of mind. Under the partnership, CARGOES Finance will be delivering digital instruments to Challenger Management to further accelerate paper-heavy processes, KYC (Know Your Customer) and anti-money laundering information on customers, and confidential trade data throughout the supply chain and other risk mitigant highlights on the platform. Read more: https://ngulminthang.weebly.com/news/challenger-management-joins-hands-with-dp-world-to-finance-trade #ChallengerManagement #DPWorld #FinanceTrade #DigitalTechnology #NgulminthangLhanghal
    NGULMINTHANG.WEEBLY.COM
    Challenger Management Joins Hands With DP World To Finance Trade
    DP World has joined hands with Challenger Management Limited to further enable customers to access working capital solutions from the global trade finance fund.
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  • NBK named Best Trade Finance Bank in Kuwait for 2022

    National Bank of Kuwait (NBK) was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global Trade Review (GTR), a magazine specializing in global emerging markets and trade, commodity finance and transaction banking.

    GTR selected NBK as one of the leading banks in the Middle East and North Africa (MENA) region in the trade finance sector, based on customer and market-specialized institution surveys conducted around the world.

    The GTR Leaders in Trade awards recognize excellence in the trade, commodity, supply chain and export financing, and well as FinTech markets.

    By receiving this award, NBK demonstrates its leadership in financing mega deals and projects, benefiting from its strong balance sheet, extensive experience, in addition to the exceptional and sustainable relations with its clients both locally and internationally.

    Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/nbk-named-best-trade-finance-bank-in-kuwait-for-2022

    #NBK #GTR #TradeFinancebank #FinTech #exportfinance #supplychainfinance #NgulminthangLhanghal
    NBK named Best Trade Finance Bank in Kuwait for 2022 National Bank of Kuwait (NBK) was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global Trade Review (GTR), a magazine specializing in global emerging markets and trade, commodity finance and transaction banking. GTR selected NBK as one of the leading banks in the Middle East and North Africa (MENA) region in the trade finance sector, based on customer and market-specialized institution surveys conducted around the world. The GTR Leaders in Trade awards recognize excellence in the trade, commodity, supply chain and export financing, and well as FinTech markets. By receiving this award, NBK demonstrates its leadership in financing mega deals and projects, benefiting from its strong balance sheet, extensive experience, in addition to the exceptional and sustainable relations with its clients both locally and internationally. Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/nbk-named-best-trade-finance-bank-in-kuwait-for-2022 #NBK #GTR #TradeFinancebank #FinTech #exportfinance #supplychainfinance #NgulminthangLhanghal
    NGULMINTHANGLHANGHAL.MYSTRIKINGLY.COM
    NBK named Best Trade Finance Bank in Kuwait for 2022
    In the annual survey of GTR magazine specializing in global emerging markets and trade finance.
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  • IMF appoints Krishna Srinivasan as director of Asia and Pacific Department

    Kristalina Georgieva, managing director of the International Monetary Fund (IMF), on Wednesday announced her intention to appoint Indian national Krishna Srinivasan as director of the Asia and Pacific Department (APD).

    Srinivasan's appointment as APD director will be effective from June 22, 2022. He will succeed Changyong Rhee, whose retirement from the Fund was announced on March 23, 2022.

    Srinivasan has more than 27 years of experience at IMF, starting with the Economist Program in 1994. He is currently a deputy director in APD, where he oversees the department's surveillance work on a number of large and systemically important countries such as China and Korea, and smaller states in the Pacific such as Fiji and Vanuatu. He also oversees APD's work on key ASEAN countries, namely Malaysia and Singapore, as well-advanced economies, including Australia and New Zealand.

    During the global financial crisis, while in the research department, Srinivasan led the Fund's work on the G20 including the preparation of analytical notes for the meetings of the G20 ministers and leaders.

    Read more: https://vk.com/@ngulminthanglhanghal-imf-appoints-krishna-srinivasan-as-director-of-asia

    #InternationalFinance #TradewindFinance #IMF #APD #NgulminthangLhanghal
    IMF appoints Krishna Srinivasan as director of Asia and Pacific Department Kristalina Georgieva, managing director of the International Monetary Fund (IMF), on Wednesday announced her intention to appoint Indian national Krishna Srinivasan as director of the Asia and Pacific Department (APD). Srinivasan's appointment as APD director will be effective from June 22, 2022. He will succeed Changyong Rhee, whose retirement from the Fund was announced on March 23, 2022. Srinivasan has more than 27 years of experience at IMF, starting with the Economist Program in 1994. He is currently a deputy director in APD, where he oversees the department's surveillance work on a number of large and systemically important countries such as China and Korea, and smaller states in the Pacific such as Fiji and Vanuatu. He also oversees APD's work on key ASEAN countries, namely Malaysia and Singapore, as well-advanced economies, including Australia and New Zealand. During the global financial crisis, while in the research department, Srinivasan led the Fund's work on the G20 including the preparation of analytical notes for the meetings of the G20 ministers and leaders. Read more: https://vk.com/@ngulminthanglhanghal-imf-appoints-krishna-srinivasan-as-director-of-asia #InternationalFinance #TradewindFinance #IMF #APD #NgulminthangLhanghal
    VK.COM
    IMF appoints Krishna Srinivasan as director of Asia and Pacific Department
    Kristalina Georgieva, managing director of the International Monetary Fund (IMF), on Wednesday announced her intention to appoint Indian..
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