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Europe

German factoring growth expected to slow

The first half of 2022 went remarkably well for the factoring industry in Germany, according to the German Factoring Association. The sales of the member companies increased compared to the first half of 2021 from €146.5bn to €182.4bn, which corresponds...

#German Factoring Association#inflation#Russia-Ukraine war

Ulster Bank and KBC Bank Ireland urge Irish clients...

Businesses are being advised to act early if they need to establish new banking arrangements in the months ahead.With Ulster…

#cash management#risk management#Ulster Bank


Propel receives £165m funding from British Business Bank

The British Business Bank has announced a new ENABLE Funding facility to Propel, an independent asset finance provider. The new facility…

#Propel#Reinald de Monchy


LMA’s model Credit Risk Insurance Policy document likely to...

The Loan Market Association (LMA) with the assistance of Lloyds Market Association and the International Underwriting Association has just published…

#credit risk#Mayer Brown


EBRD supports digitalisation of payments in Poland

The European Bank for Reconstruction and Development said it is promoting the competitiveness and resilience of small and medium-sized enterprises…

#digitalisation#PragmaGO


Efcom, AMFS and Software Group partner to launch factoring...

efcom has signed a partnership agreement with Bulgaria's factoring fintech company Advanced Mobile Factoring Solutions - AMFS and Software Group to…

#Efcom#factoring platform#supply chain finance


Propel Finance completes first private securitisation

Propel Finance, UK asset finance lender, today announces its first private securitisation, as part of a new c. £500m financing…

#bank#British business#securitisation


Spanish SME payment delays up 42%

The slowdown in the recovery of the Spanish economy and the adverse impact of inflation on the country’s businesses continue…

#payment defaults#payment delays


BCR’s Alternative and Receivables Finance Forum returns to London

BCR is delighted to announce that this year it will hold the Alternative and Receivables Finance Forum as a two-day…

#A&R Forum#Clifford Chance


Lloyds Bank adopts first ever digital promissory note

Lloyds Bank has completed the UK’s first transaction utilising a digital promissory note (DPN) purchase. This landmark transaction dramatically increases…

#Andre Casterman#digitalisation#Enigio


Coca-Cola and Rabobank partner to launch sustainable supply chain...

Coca-Cola Europacific Partners (CCEP) has worked alongside specialist food and agricultural bank Rabobank to establish a new sustainability-linked supply chain…

#ESG#Rabobank#supply chain finance


Accelerated Payments appoints Dermot Nutley as COO

SME funding provider Accelerated Payments has announced another strategic appointment with Dermot Nutley stepping into the role of Chief Operating…

#Accelerated Payments#Corporate appointments

Higher industrial output helps drive 33% increase in Polish...

In the first six months of 2022 the Polish factoring market grew 33 per cent year-on-year according to the Polish…

#poland#Polish Factors Association

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