Sunday, 22 December 2024

Absa Bank (Mauritius) excels in structured trade and commodity financing, combined with digital trade solutions

5 min read

By The Asian Banker

Absa Bank (Mauritius)capitalised on its proximity to Africa and its status as a trade hub to strengthen connectivity and enhance letter of credit issuance for financial institution customers. Its expertise in structured trade and commodity financing, combined with digital trade solutions offered through its trade management platform, ensured efficient and seamless transaction handling. These efforts resulted in over 250% growth in supply chain financing volumes and a 200% growth in new trade and supply chain financing (SCF) customers. 



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