MSB, Solv help firms access capital on digital platform
The Maritime Bank Vietnam (MSB) has become the first financial partner of Solv Vietnam Co., Ltd. (Solv) - a B2B electronic platform for small and medium-sized enterprises.
Hanoi (VNA) – The Maritime Bank Vietnam (MSB) hasbecome the first financial partner of Solv Vietnam Co., Ltd. (Solv) - a B2B electronic platform for small and medium-sized enterprises.
Accordingly, MSB signed a comprehensive cooperation agreementwith Solv on March 29 to provide business support solutions, increase benefitsin e-commerce transactions, and help businesses access capital easily.
As the leading B2B e-commerce platform in India, Solv helpsbusinesses connect with new customers and suppliers, buy and sell products atwholesale prices, utilize on-demand credit, easily place online orders andreceive doorstep delivery.
Through this partnership, MSB and Solv commit to providingoptimal solutions for their target customer groups, including distributors andagents through the systems or platforms of both parties. When using the Solvplatform, customers will be able to access MSB's credit support packages andonline disbursement features based on information provided by the centre enterprise(Anchor) and distributors and agents.
MSB will evaluate and approve credit limits based ontransaction volumes between distributors, agents, and centre enterprises.
To maximise convenience and experience for businesses, MSBhas built a Supply Chain Finance digital platform to support the integrationand synchronisation of information exchange flows between Solv and MSB in anautomated and highly secure manner.
Mayank Chandele, General Director of Solv Vietnওam, expressed hisexcitement about the partnership, saying “We are delighted to work with MSB toprovide our customers with a comprehensive solution that includes financialservices. Our goal is to make business easier and more efficient for small andmedium-sized enterprises, and we believe this partnership will help us achievethat goal.”./.
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At the signing ceremony (Photo: VNA) 
