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Europe

BNP Paribas launches factoring activities in the Netherlands

Patrick de Villepin, Global Head of Factoring at BNP Paribas, has announced the launch of BNP Paribas Factoring activities in the Netherlands that will operate under the name of BNP Paribas Factor NV. (more…)

Church of England invests in SME focused bank network

Royal Bank of Scotland is to create a new challenger bank under the revived 'Williams Glyn's brand. (more…)

#bank#NatWest#small business


Time runs out for financiers to choose between the...

A third of members of the Association of Financial Companies say they will opt for an independent specialised credit company…


Crossflow Payments appoints Supply Chain Finance director

Crossflow Payments appoints Supply Chain Finance specialist to drive UK Expansion. (more…)


BFS provides invoice finance for business acquisition

Bradford printing business St Ives Direct acquired with GBP4.5million facility from Bibby Financial Services. (more…)


Raiffeisen to consolidate selected operations of its daughters, including...

Raiffeisen is repositioning itself to reach EUR25 million of annual savings. (more…)

#bank#i#insurance


NI civil service fast-track payments system proves to be...

Prompt payment contributes to 17pc rise in cost of operating account NI. (more…)

#cash-flow#funding#international


More UK SMEs making foreign payments

Moneycorp s traders handled record number of SME foreign transactions in July . (more…)


EIB and BRD sign agreement for EUR100m in finance...

The European Investment Bank (EIB) and BRD Groupe Societe Generale SA have signed an agreement for EUR 100 million to…

#bank#economic recovery#innovation


Italian financiers factor EUR3.5 billion of Public Administration debts

Italian Banking Association surveyed 1,813 banks and financial intermediaries authorised to purchase receivables from suppliers to the Public Administration. (more…)


More building contractors roll out SCF programmes

Balfour Beatty has announced it is introducing a voluntary SCF scheme, with Kier saying it has already set up a…

#bank#invoice#payment terms


Poles Apart – to regulate or not to regulate

Members of Polish Factoring Association are still far from consensus on whether the industry should be regulated. (more…)

#banks#conference#EU Federation

Lico Corporation sold for EUR200m

Spanish financial services group's takeover is completed. (more…)

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