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1.0Dhaka Mirrorhttps://dhakamirror.comAdminhttps://dhakamirror.com/author/admin/HSBC completes first insurance backed receivables finance transaction - Dhaka Mirrorrich600338<blockquote class="wp-embedded-content" data-secret="EEqSkMFj2x"><a href="https://dhakamirror.com/news/business/hsbc-completes-first-insurance-backed-receivables-finance-transaction/">HSBC completes first insurance backed receivables finance transaction</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://dhakamirror.com/news/business/hsbc-completes-first-insurance-backed-receivables-finance-transaction/embed/#?secret=EEqSkMFj2x" width="600" height="338" title="“HSBC completes first insurance backed receivables finance transaction” — Dhaka Mirror" data-secret="EEqSkMFj2x" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has recently completed the country’s first insurance backed receivables finance transaction for MBM Garments. This proposition has been rolled out in line with HSBC’s own receivables finance model and within local regulation, wherein the customer gets early payment against