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RBS has been short-listed for the Best Use of IT in Wholesale/Transaction Banking at the Banking Technology Awards 2012 with its combined e-Invoicing and Supply Chain Finance solution. (more…)
#automation#awards#banks
FC POLITEKS (Politeks) actively develops factoring operations in Saint-Petersburg. (more…)
#bank#electronic factoring#international
A new report on competitiveness has revealed that access to funding for Irish SMEs has deteriorated to the second worst…
The Asset Based Finance Association (ABFA) has announced the appointment of its new chairman, John Onslow, chief executive of Centric…
#commercial finance#head of trade and working capital#international
The European Investment Bank (EIB) has provided a EUR100 million loan to the Hungarian Development Bank (MFB) to finance small…
#bank#economy#SME financing
Kuwait's Burgan Bank, which recently bought the Turkish arm of EFG Eurobank, is planning to buy a quarter stake in…
#acquisition#bank#international
The International Finance Corporation and Banca Transilvania are expanding their partnership by increasing financing available for small importers and exporters…
#bank#exporters#guarantees
Kate Sharp, Chief Executive of the ABFA provides a review of the U.K. factoring market, covering industry environment, market performance,…
#bank#international#International Trade
EU lawmakers have agreed with countries on cutting the amount of capital banks must hold against loans to smaller companies,…
#bank#interest rates#international
European Commissioner for Research and Innovation Máire Geoghegan-Quinn has announced new measures to support SMEs in developing high-potential innovations and…
UK-based accountancy firm PKF has launched a new initiative with the aim of supporting small businesses struggling to get access…
Despite paying more for factoring, clients are not returning to banking credits. (more…)
Ultimate Finance announces final results the year ending June 2012. (more…)