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HomeGlossary → Working Capital

Glossary
Working Capital

The capital of a business used in its day-to-day trading operations, calculated as current assets minus current liabilities.
Working Capital News
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Citi appoints duo to TTS APAC division

Sumanta Panigrahi (pictured) has been appointed head of the trade and working capital solutions business, and Thus De Silva has been named head of commercial cards
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Singapore authorities report on interoperable digital asset networks

The Monetary Authority of Singapore (MAS) has been working in partnership with industry firms through its Project Guardian initiative to test the viability of asset tokenisation and decentralised finance in financial services
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Citi India completes first LC transaction through Contour

Citi India has completed its first blockchain-enabled letter of credit transaction with diversified industrials manufacturing company Cummins India Limited
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Citi welcomes duo to its ICG business

Citi has appointed Anoushka Dua (pictured left) and Vandana Bhatter (pictured right)
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Standard Chartered and upSWOT launch business analytics solution

Through the new solution, Standard Chartered’s SME clients can connect the business apps that they use with upSWOT to generate real-time insights and dashboard analysis using the data aggregated
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Standard Chartered leads pilot to digitise the trade distribution market

The project aims to digitise the trade distribution market by transforming trade assets into transferable instruments that are more transparent and accessible to investors
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Taulia collaborates with Standard Chartered on working capital finance solutions

Fintech provider Taulia has signed a memorandum of understanding with Standard Chartered to collaborate on working capital finance solutions. The announcement follows SAP’s acquisition of Tualia earlier this year
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Citi launches new digital liquidity solution

Citi has launched On-Demand Sweeps (ODS) in China, a new digital liquidity solution for corporate clients to self-service real-time sweeps and manage working capital more efficiently