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Absa launches innovative finance solution for supply chain management

Absa launches innovative finance solution for supply chain management

Absa Bank has introduced its Supplier Finance Programme, an innovative solution designed to revolutionize corporate supply chains in Ghana.

In a business environment where the effective management of cash flow is pivotal to ensuring enduring success, traditional supply chain finance mechanisms have frequently been found lacking.

Absa Bank’s Supplier Finance Programme offers a refined solution that enhances supplier liquidity and optimises buyer working capital management.

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Absa’s Supplier Finance Programme is designed to make business transactions smoother and more beneficial for both buyers and suppliers.

“With the Supplier Finance Programme, we are setting a new standard for supply chain financing in Ghana, by solutioning players within ecosystems of growth sectors in our economy.”

By introducing the Supplier Finance Programme, Absa Bank is reaffirming its position as a leader in financial innovation, continually committed to the economic growth and business prosperity of Ghana.

Ohene-Afoakwa encouraged Absa corporate clients to leverage the Supplier Finance Programme to enhance their business potential

Source: Citi Newsroom
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