News Snapshot:
Deutsche Bank helps BASF China with supply chain financing solution 14:25 CET | News Deutsche Bank has established a supply chain financing solution for BASF China , supporting the company with working capital capabilities. With this solution, BASF and its partners will benefit from accessible risk mitigation and working capital flows, automated processes including reconciliation, settlement, forecasting and monitoring, and lower transaction costs to enable reduced transaction pricing. Several BASF’s suppliers in China have already been onboarded, and the solution is already in operation. The supply chain finance programme drives a situation where BASF China can increase the efficiency of...