BCR Latest News

UAE

EDB and Ajman Bank renew partnership to enhance SME financing…

Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, and Ajman…


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Yubi Group and India Factoring partner to provide modern working…

End-to-end debt lifecycle company Yubi Group (Yubi) have entered a strategic partnership with India Factoring, one of the country’s leading…


Tarabut and Geidea partner to explore innovative SME financing solutions…

Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a…


Record and OWI launch Sharia-compliant Deep Tier Supply Chain Finance…

Record Asset Management GmbH (RAM), part of Record Financial Group (Record plc), an asset management firm with over US$100bn in…


China unveils new measures to boost foreign trade

The State Council of China has approved a set of policies under the Several Policies and Measures to Promote the…


BNI and Batumbu to enhance MSME supply chain financing

PT Bank Negara Indonesia (BNI) has joined forces with fintech platform Batumbu to expand financing access for MSMEs across Indonesia.…


Maybank Cambodia unveils SME Export Finance Solution

Maybank Cambodia, in collaboration with USAID's Feed the Future Cambodia Harvest III and the Credit Guarantee Corporation of Cambodia (CGCC),…


EBRD lends €13m to ProCredit Bank in Kosovo

EBRD is providing funding to ProCredit Bank Kosovo for two projects, with financing totalling €13m: A senior loan of up…


Reward Funding hits £300m lending milestone

Reward Funding, the original leader in the alternative finance industry, has surpassed a £300m loan book milestone for the first…


Funding Societies and TASConnect sign strategic partnership for SCF in…

TASConnect (Malaysia) Sdn Bhd, a working capital solutions platform and Funding Societies, Southeast Asia digital finance platform for SMEs, has…


Mastercard partners with SCF provider Fundbot

Mastercard and Fundbot, a UAE-based fintech firm specialising in supply chain financing (SCF), have announced a collaboration to accelerate business-to-business…


WFY’24: French factoring volume grew slowly in 2023

The year 2023 was, after the Covid crisis, a year of limited economic recovery, due to external shocks, such as…


BCB partners with Microsoft, Banco Inter, Chainlink and 7 Comm…

The Central Bank of Brazil (BCB) will cooperate with Banco Inter, Microsoft Brazil, 7COMm and Chainlink to build a trade…


Arbuthnot Commercial ABL names new Director to strengthen Southeast presence

Arbuthnot Commercial Asset Based Lending (ABL) has recruited Hayley Reeves (pictured) as new director of business development for London and…


R3 responds to October 2024 insolvency statistics

Tim Cooper, President of R3, the UK’s insolvency and restructuring trade body, and a partner at Addleshaw Goddard LLP, says:…


BBB’s Growth Guarantee Scheme provides over £250m of lending to…

The British Business Bank (BBB) announces that its Growth Guarantee Scheme has supported more than £250m of finance to smaller…


AfDB approves US$4m trade finance guarantee to boost SME growth…

The African Development Bank (AfDB) has approved a US$4m trade finance transaction guarantee for Access Bank Sierra Leone Limited (ABSL)…


Tarabut and Geidea sign MOU to develop financing solutions for…

Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a…


IFC invests US$40m in Tanner Servicios Financieros for digitalisation and…

The International Finance Corporation (IFC), a member of the World Bank Group (WBG), announced an equity investment of US$20m (in…


EBRD, EU and Bank Respublika to support Azerbaijani MSMEs

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$7.5m (€7m) in local currency…


Surecomp commits to reducing trade finance processing time by 30%

Surecomp today announced it commits to reducing bank guarantee processing time by thirty per cent with the help of artificial…


Manx Financial comments on UK inflation impacting interest rates and…

Commenting on rising UK inflation set to result in higher interest rates for longer, Douglas Grant, Group CEO of Manx…


EBRD partners with CIB to boost SME financing in Egypt…

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25m to Commercial…


Allianz Trade forecasts BNPL market to double by 2028

A new report by Allianz Trade, a world-leading trade credit insurer, highlights the growing popularity of Buy Now, Pay Later…


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