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Europe

Romanian bank exceeds the EUR 1 billion threshold for...

The third largest bank in Romania in terms of value of assets, BRD, announced on Thursday (17 May) that factoring operations reached 1.1 billion euros in 2017, representing 24% of the total market. BRD reported a 38% increase in volume...

#bank#international#international factoring

UK SMEs invoice finance provider chooses specialised software

...a specialist in invoice finance solutions for SMEs, has chosen financial automation software from... (more…)

#Optimum Finance


Santander ‘discloses £91m bad debt’ from Carillion reverse factoring

Santander UK’s impairment from the Carillion reverse factoring scheme totalled £91m (€103m),... (more…)

#bank#Carillion#invoice


MarketInvoice boosts regional presence with new hire

MarketInvoice has hired ex-banker ... to boost its regional presence as head of ... (more…)

#Aldermore#bank#financial services


New poll shows 61% of UK SMEs want legislation...

Basware, a global leader in payments and spend management, and YouGovtoday release a survey that shows the true extent of…

#invoice#late payment#management


French fashion firm uses ESG reporting to enhance SCF

ESG (environmental, social and governance) has already made positive strides in the areas of green bonds and ESG-guided investment... (more…)

#bonds#management#Paid


Polish Credit Bureau first to move 140m credit records...

Poland has become the first country to move banking records en masse onto blockchain... (more…)

#blockchain


Simply Factoring expands to larger offices

Gwent-based finance firm Simply Factoring is celebrating a partnership with Scottish Pacific which coincides with an expansion... (more…)

#international#invoice#supply chain finance


Carillion used invoice finance to hide £500m debt

Carillion used its invoice finance early payment facility (EPF) to “hide the true extent of its massive debt”... (more…)

#bank#Carillion#invoice


Russian Factoring Association publishes Q1 2018 results

The Association of Factoring Companies (AFC) published statistical indicators of Russian factoring activity for the first quarter of 2018. In…

#bank


EBRD might remain as an investor in Greece until...

The European Bank for Reconstruction and Development is planning to invest € 1.4 billion in Greece while it is considering...…

#bank#bonds#economy


First UK invoice financier listed today on Mintos

Mintos, a European marketplace for peer-to-peer loans, announced today the listing of first UK loan originator... (more…)

#1pm#bank#FCA

Hitachi reports rise in SME confidence in UK

More than four in 10 UK SMEs (41%) are looking forward with an optimistic outlook this spring... (more…)

#British business#business finance#Hitachi Capital Business Finance

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