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Europe

Is factoring in Germany immune to coronavirus?

Germany shows amazing factoring results in the first half of 2020. Factoring activity of medium-sized companies has so far defied the corona crisis, the market is even growing. But how long? The corona crisis is bouncing off the factoring market: the growth year...

#BFM#DFV

Sberbank to launch blockchain platform made on Hyperledger Fabric

Russia-based Sberbank has made plans to launch a blockchain platform... (more…)

#bank#blockchain#digital


UK’s sixth largest food retailer makes strategic transition to...

PrimeRevenue, a leading platform for working capital finance solutions, and... (more…)

#bank#cash-flow#supply chain finance


Finacity arranges a €200m receivables securitisation facility for a...

Finacity Corporation (Finacity), a member of the Greensill family of companies, announces the... (more…)

#Greensill#receivables#receivables securitisation


Development Bank of Wales to launch new funds this...

The Development Bank of Wales is expected to launch new funds to support firms in particularly hard pressed sectors as…

#bank#British business#invoice


Reports claims fast-growing UK SMEs face £15bn funding shortfall

According to a new report, the UK’s fast-growing small- and medium-sized enterprises could face a... (more…)

#bank#British business#risk


SCHUMANN to hold Credit Risk Management Conference 2020 on-line

The annual Credit Risk Management Conference held by SCHUMANN, will take place on 1st October 2020 and for the first…

#SCHUMANN


Optimum Finance appoints three new managers

Bristol and London-based invoice finance provider and fintech firm Optimum Finance have... (more…)

#Optimum Finance


UK government-backed Covid-19 lending schemes support 1.2m businesses

Just under 1.2m businesses in the UK have been supported by finance from lenders... (more…)

#CBILS#COVID-19


Mastercard & BRD – Groupe Société Générale take the...

Mastercard Romania and BRD - Groupe Société Générale announce the local implementation of... (more…)

#bank#First Bank#security


GRENKE AG sees signs of business recovery in Q2...

GRENKE AG, a global financing partner for small and medium-sized enterprises, saw the first signs of recovery... (more…)

#GRENKE


illimity Bank doubles quarterly profit from €5m to €10m...

The Board of Directors of illimity Bank S.p.A. (illimity), which met yesterday under the... (more…)

#illimity

Intesa secures €4.2bn UBI takeover

Intesa Sanpaolo, Italy’s second-largest bank by assets, has secured the two-thirds majority in shares it... (more…)

#bank#capital requirements#financial services

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