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Europe

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

Leumi UK appoints head of newly formed commercial finance...

Multi-specialist bank Leumi UK has appointed Roy Shilo as head of commercial finance... (more…)

#commercial finance#Leumi


CBILS terms expanded to offer relief to more SMEs

The conditions of the coronavirus business interruption loan scheme (CBILS) have been expanded to allow more small- and medium-sized enterprises...…

#CBILS


Simple Secure Finance appoints new business development executive

Simple Secure Finance (SSF), the specialist commercial finance advisory firm, has appointed... (more…)

#Simple Secure Finance


New lenders accredited to British Business Bank coronavirus business...

British Business Bank has announced that it has approved... (more…)

#bank#BBVA#British business


Polish factoring market turnover up in first half of...

Factoring companies members of the Polish Factors Association (PZF) recorded a turnover of... (more…)

#poland#Polish Factors Association#PZF


EC approves €2.6bn Polish scheme to support companies affected...

The European Commission has approved a €2.6bn (PLN 11.5bn) Polish state guarantee on factoring products... (more…)

#European Commission


Deutsche Bank invests in specialised fintech in order to...

Deutsche Bank AG has made an announcement that it will invest in Traxpay GmbH, a Frankfurt-based fintech firm. Both companies…

#Deutsche Bank


Lenders support more than 1.1m businesses with £47.9m in...

The banking and finance industry has approved £47.9bn to over 1.1m businesses... (more…)

#UK Finance


efcom announces its factoring symposium on 8th October 2020

The year 2020 is an anniversary year for efcom. The software company will be celebrating its 20-year existence during the…

#Efcom


French state guarantee is extended to factoring

The French National Assembly has passed, at first reading, an amendment proposed by... (more…)

#assignment#cash-flow#guarantee


Bibby Financial Services appoints new Global CEO

Bibby Line Group has announced that Jonathan Andrew will join its Bibby Financial Services business as Global CEO on 1st September.…

#commercial finance#financial services#international

Two invoice finance platforms join forces to finance Romanian...

Romanian start-ups Cubus Arts and Instant Factoring integrated their two platforms... (more…)

#Instant Factoring

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