95
Emirates Development Bank, the state-owned lender focused on financing the UAE’s priority sectors, has signed a preliminary agreement to launch supply-chain financing and working capital solutions for small and medium-size enterprises in the country.
The initiative is being carried out in collaboration with Abu Dhabi-based Trade Capital Partners (TCP), a technology platform that delivers working capital finance solutions to SMEs, and is part of EDB’s efforts to support start-ups through its network of government and corporate partners, the…