Open account and non-recourse receivables finance driving trade-finance growth in the GCC

Open account trade has been growing in GCC markets during the last few years . As a result, some of the more sophisticated companies have started to move to non-recourse receivables finance programmes and benefit from best working capital practices prevalent in other regions.

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Comments (1)

  • stephen atallah
    stephen atallah, Comcast 3 July 2015

    Excellent and thorough examination of current and potential for AR finance. Few banks are fully take advantage of the market forces discussed here. It seems Barclays is on the smart track in one of the most promising areas of supply chain finance, which has otherwise proven challenging for most banks. Stephen Atallah - River Road Capital

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