‘This collaboration will change the way banks in Bangladesh access credit data as it would not only be real time but also cost effective’
Interlinkages Online, a cross-border trade finance marketplace, and Creditsafe, a global business intelligence expert, has announced their strategic collaboration to provide the Global Counterparty Credit Reports to the financial institutions in Bangladesh, according to a media statement.
Cato Syverson, CEO at Creditsafe, said: “Creditsafe is very excited to announce a strategic collaboration with Interlinkages to expand our global presence to Bangladesh and bring our industry leading Business Credit Reports to the Banks in the country.
“Interlinkages has expertise in the financial institutions and trade finance domain with understanding of banking ecosystems and an online delivery mechanism for wider distributions of our solutions to banks and bank branches in Bangladesh.”
Anindita Ghosh, CEO at Interlinkages, said: “it has been our endeavour to bring the best of global participants to our ecosystem in international trade and banking especially in today’s age where speedy data updates, cost effectiveness and timely access to credit reports play a critical role in ever evolving trade landscape of South Asia.”
On the collaboration, Anindita added: “In Creditsafe, we have found a truly global, market-leading credit insight partner with a wealth of industry expertise and knowhow. This collaboration will change the way banks in Bangladesh access credit data as it would not only be real time but also cost effective.”
Hong Kong-based Interlinkages Online serves corporates and banks across the world. It offers banks borderless solutions for deal origination and distribution in international markets and enables access to previously inaccessible counterparties globally.
Interlinkages is supported by Cyberport, a digital community of Hong Kong government and is approved by the Bangladesh Investment Development Authority (BIDA).
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