• August 18, 2018
    Last updated 3 minutes ago

banking

Emirates NBD joins fintech platform

Solution to help better management of trade assets

Staff Report
16:19 May 16, 2018

Dubai

Emirates NBD has joined CCRManager, a fintech platform supporting the origination and distribution of trade assets.

Launched in 2017, CCRManager is a digital trade finance platform that connects various banks and financial Institutions to originate and distribute trade assets. Counting almost 40 global financial institutions members across 17 countries, the web-based platform was developed collaboratively with leading trade finance institutions globally and will enable banks in the Middle East to manage their capital, credit, and liquidity needs more effectively.

“We continue to leverage digital banking solutions and are pleased to be the first bank in the region to join CCRManager. This will strengthen our competitive edge and enhance the bank’s origination and distribution capabilities,” said Sumit Aggarwal, EVP and Head of Transaction Banking, Emirates NBD.