Date: 18/10/2024
We are thrilled to announce that BACB, a specialist provider in global transaction banking, has joined Komgo's network. This partnership will enable BACB to enhance its trade finance offerings through streamlined, secure, and efficient digital solutions, benefiting its global clients.
BACB is an international wholesale bank with over 50 years’ experience providing international trade solutions to clients looking to trade in and out of developing markets. By joining Komgo, BACB gains access to a wide range of digital tools that enable seamless communication and transaction management across various stakeholders, including exporters, importers, and financiers.
This collaboration further strengthens BACB’s capabilities to provide cutting-edge trade finance services to clients in key sectors such as energy, agriculture, metals, and more.
"We are excited to join the Komgo platform as part of our ongoing efforts to drive innovation in the trade finance space. This partnership enables us to offer our clients a faster, more transparent, and secure trade finance solution, while also reducing the administrative burden and costs associated with traditional methods."
Damian Austin, Chief Banking Officer of BACB
As the leader in digital trade finance solutions, Komgo's tools have already enabled real-time verification, transparency, and reduced operational costs for hundreds of financial institutions, corporations, and traders worldwide, allowing for smooth and efficient collaborations between previously isolated organisations.
BACB's integration with Komgo marks a significant step forward in the Bank's digital transformation and commitment to delivering best-in-class services to its customers.
With a commitment to innovation and agility, BACB’s partnership with Komgo will allow it to deliver faster and more secure trade finance solutions, helping clients navigate the complexities of international trade with greater ease.
" BACB is not only a leader in trade flows across Africa and the Middle East, but they are also playing a vital role in addressing the global trade finance gap. We’re proud to accompany them on this journey, leveraging our network and white label solution to make trade finance faster, simpler, and more accessible. Together, we are working towards a more connected and digital global trade finance ecosystem."
Souleïma Baddi, CEO of Komgo
