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Data from 2022 shows impressive growth in the European factoring market, with turnover reaching EUR 2.380bn, an increase of 19 per cent over 2021. It is the second year of double-digit growth after the drop in 2020. The European market is...
#bank#commercial finance#Deutsche Bank
As reported today, the UK fell into recession in the second half of 2023, after the economy shrank by more…
#Lenvi#Office for National Statistics#ONS
The next generation of business leaders have received over £100m worth of support from the Government backed Start Up Loan…
#bank#business finance#cash-flow
Commenting on UK inflation remaining unchanged, Douglas Grant, Group CEO of Manx Financial Group, said: “CPI inflation remaining unchanged reaffirms that…
#Douglas Grant#Manx Financial
Surath Sengupta, formerly of HSBC, has assumed the role of Managing Director, Head of Trade and Working Capital Innovation &…
#Lloyds Bank
SME apprehensions regarding a potential economic downturn have diminished by a significant third (32%) since Q4 2022, as per iwoca's…
#SME lending
Ewa Rose, a veteran executive of the trade credit insurance industry, has joined Bondaval, a provider of technology-enabled credit insurance…
#AON#Managerial Appointments
Bunq, the Dutch digital bank, has reached a significant milestone by achieving profitability in 2023. With this accomplishment under its…
The United Kingdom has witnessed a significant uptick in the number of manufacturing firms setting Environmental, Social, and Governance (ESG)…
UK Finance has today announced the appointment of Thierry d’Argent, CEO, Societe Generale UK; Saif Malik, CEO, UK, Standard Chartered;…
#ABN AMRO#bank#financial services
Following several months of sustained growth, alternative finance lender, Time Finance, has announced a record lending book of £188.6m for the six months…
#Ed Rimmer#invoice#management
Surecomp today announced that Commerzbank AG, the leading trade finance bank in Germany, has chosen to deploy its DOKA-NG™ solution…
#API#bank#Commerzbank
Zurich Insurance Group has filed a counterclaim in London's High Court, alleging a 'conspiracy' involving financier Lex Greensill, steel magnate…
#Greensill#Sanjeev Gupta#trade credit insurance