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Europe

GE Factofrance to provide EUR40m factoring facility

GE Factofance signs a three-year Factoring Agreement with a leading global compressors manufacturer. (more…)

#Factofrance#insurance#liquidity

CBAC launches factoring brokers platform

Invoice financing marketplace launched new factoring brokers platform. (more…)


David Hennah rejoins Misys from SWIFT

David Hennah has left Swift and joined Misys as head of trade in London. (more…)


FCA: Banks lack clear policy for monitoring trade-based money...

The Financial Conduct Authority has warned British banks that they are not doing enough to protect themselves from being used…

#anti-money laundering#bank#conference


ABFA launches self-regulatory framework and appoints chairperson of new...

ABFA has launched new its self-regulatory framework and appointed Lucy Armstrong as the chairperson of the newly established Professional Standards…


Asda to enhance its supply chain

UK supermarket chain Asda has launched PoultryLink - a scheme designed to provide greater security in the supply chain. (more…)


Forum of Private Business: banks are making greater demands...

New study by Forum of Private Business shows that banks are asking for harmful levels of collateral in return for…

#bank#cash-flow#forum


DS-Concept Factoring announces new clients

First quarter of 2013 has generated large volume orders for the German trade financier. (more…)

#funding#international#International Trade


Eurozone recession straining cash flow of Eastern European businesses

Payment defaults in Eastern Europe rose to 3pc of total invoice value over the past year. (more…)


VTB Group launches first international factoring pilot with Georgia

VTB (Georgia), VTB Factoring-Russia and Kindzmarauli Maranin launched a factoring pilot. (more…)


Young fraudster used factoring sham to ‘live in the...

Uncle and nephew go on trial under inducement of a factoring bank. (more…)


Tatra Trucks back on track

New management of Tatra Truck looks to attract financing. (more…)

#bank#First Bank#management

FIMBank now part of KIPCO

First-stage acquisition of FIMBank shares completed as Bank receives first tranche of USD 60 million convertible loan. (more…)

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