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Europe

EBRD and KredoBank broaden cooperation in Ukraine

The European Bank for Reconstruction and Development (EBRD) is supporting food security and other critical industries in wartime Ukraine with a new risk-sharing agreement for KredoBank, a subsidiary of PKO Bank Polski, as well as opening a TFP limit for...

#credit risk#Francis Malige#KredoBank

Digital bank maib launches online domestic factoring in Moldova

In order to support business development in the Republic of Moldova, maib ... (more…)

#digital factoring


Leumi ABL provides JLM Global Foods UK new financial...

JLM Global Foods, a Darlington-based food company, has ensured a financial package of... (more…)

#Leumi ABL


Commerzbank – first German bank to carry out live...

Commerzbank is the first German bank to have completed a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex…

#Bank of China#Commerzbank#Contour


Industry comments on momentous ETDA accession

At the end of last week, the UK approved the Electronic Trade Documents Act... (more…)

#electronic trade documents#Electronic Trade Documents Act#ETDA


UK Business Fraud Insurance gets a boost

Business fraud is globally on the rise. In the UK this has prompted the insurer Allianz Trade to launch a…

#Allianz Trade


Chaser employs machine learning to predict late payments

Chaser, a leading provider of intelligent accounts receivables software, has launched a late payment predictor. By leveraging machine learning, the…

#AI#credit risk management#invoice management


New BFS study identifies gender gap in business finance

Research from Bibby Financial Services (BFS) finds that women SME owners are more likely than men to suffer cashflow challenges,…

#business finance#Cash flow


UK adopts Electronic Trade Documents Act

Yesterday, the Electronic Trade Documents Act 2023 received Royal assent... (more…)

#electronic trade documents


Ultimate Finance provides over £1bn in funding with new...

Specialist asset-based lender Ultimate Finance provided funding of more ... (more…)

#Josh Levy#working capital


EIB and Bulgarian Development Bank sign €175m loan to...

The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) are joining forces with a €175m loan to improve access…

#Bulgarian Development Bank


HSBC Innovation Banking provides Modify with $100m debt facility

MODIFI, the global cross-border business payments company, has secured a US $100 million debt facility with HSBC Innovation Banking UK…

#debt facility#digital platform#MODIFI

More fashion suppliers hit by credit insurance cover cut

Since last December a string of suppliers to the fashion industry have been hit by a reduction in credit insurance…

#Allianz#trade credit#trade credit insurance

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