TOKYO -- Sumitomo Mitsui Banking Corp. will begin providing same-day loans to companies in several Asian locations as early as next year, Nikkei has learned, aiming to compete with major Western banks already established in the field of supply chain finance.
Finance
SMBC to launch same-day supply chain financing in Asia
Japan bank looks to save time and money, helping Asian companies pay partners
Sumitomo Mitsui Banking Corporation has rolled out a rapid financing service in Singapore. (Source photos by Nikkei)
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