The signing of the Memorandum is a logical continuation of the successful integration of ASIA ALLIANCE BANK with the OZ PLANET digital platform in the third quarter of 2024. This integration has elevated factoring services to a new level by enhancing convenience and transparency, demonstrating the appeal of this financial tool for managing working capital.

The digitization of factoring through the OZ PLANET platform enables ASIA ALLIANCE BANK's clients and counterparties to access the service remotely—without visiting a bank branch, lengthy approvals, and within a secure electronic document flow.

The agreement will open new horizons for digital financial services and improve the accessibility of factoring for businesses.