First Abu Dhabi Bank (FAB) on Monday announced its partnership with Silver Birch Finance Limited to offer inventory solutions to their local and international clients.
Silver Birch, headquartered in the UK, is a specialist working capital structuring, advisory and execution firm that supports financial institutions by enabling them to offer corporate clients non-debt solutions to optimise balance sheets and meet specific supply chain objectives. This partnership enables FAB and Silver Birch to offer various inventory solutions to suit specific client needs.
Sara Al Binali, Group Head of Corporate, Commercial and International Banking at FAB, said, “FAB is proud to offer innovative solutions like inventory financing, which helps our valued clients to meet their strategic requirements. We look forward to offering this product across all our client segments.”
Sean Hanafin, CEO of Silver Birch, said, “Silver Birch is delighted to be partnering with FAB, as a leading regional player and the UAE’s largest bank, to deliver sustainable inventory solutions for corporate clients, particularly at this time of global supply chain disruption and increased strategic focus on ensuring secure inventory supplies, which is the life blood of our clients’ operations.”