RAKBANK has partnered with Faturalab to enhance supply chain finance solutions in the UAE, Ehsaan Uddin Ahmed, Executive VP & Head of Transaction Banking, RAKBANK, said. “Our trade finance offerings are focused on empowering corporates with clarity and control over their financial operations. This collaboration with Faturalab equips us with advanced tools that simplify supply chain processes and enhance operational transparency, facilitating smoother and more secure trade transactions,” he said. This marks Faturalab’s first strategic expansion into the GCC, facilitated by RAKBANK.
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