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Alpha Bank has announced a strategic move to transform the Greek factoring industry. The bank acquired 100 per cent of Flexfin, the country’s first fintech company specialising in factoring services, and merged it with its own subsidiary, ABC Factors, Greece’s...
#ABC Factors#Alpha Bank#factoring
finmid, a Berlin-headquartered financial infrastructure innovator, has announced its expansion into Austria, Cyprus, Czechia, Greece, Italy, Latvia, Lithuania, and Slovenia.…
#alternative finance#finmid#fintech
The latest “Red Flag Alert” report from the independent business rescue and recovery specialist, Begbies Traynor, reveals a worrying surge…
#British business#insolvencies
The European Investment Bank (EIB) has extended a €250m loan to the National Bank of Greece (NBG) to bolster green…
#EIB#ESG#green finance
The FCA has found wholesale brokers need to enhance their systems, controls, risk awareness and training to guard against money…
#anti money laundering#FCA
AU Group, a leading brokerage and consultancy specialist in credit and political risk management and working capital financing, has announced…
#aquasition#AU Group#factoring
SCOR, a leading global reinsurer, has announced the appointment of Henry Mummé-Young as Chief Underwriting Officer, SCOR UK, and Active…
#Managerial Appointment#scor#trade credit insurer
The Prudential Regulation Authority (PRA), in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in…
#Basel#PRA#regulation
The Dutch economy is proving resilient, as evidenced by macroeconomic figures and experiences during and post the COVID-19 pandemic. Rudy…
#Bibby Financial Services#Rudy Plugers#World Factoring Yearbook
Pulse Cashflow Finance have announced the appointment of Adrien Cruiziat (pictured) to the role of Business Development Manager with immediate…
#Adrien Cruiziat#Gary Davis#Pulse Cashflow Finance
TruFin is pleased to announce that Satago has formed a strategic partnership with DF Capital, a specialist bank providing working…
#DF Capital#Inventory finance#invoice discounting
British Business Investments has announced an initial £20m funding facility to Sprk Capital Limited (“Sprk”). The facility will provide capital…
#Adam Kelly#British Business Bank#British Business Investments
Commenting on UK inflation drop, James Burgess (pictured), Head of Commercial and insolvency expert at Atradius, says: “UK inflation unexpectedly…
#Atradius#insolvency#James Burgess