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SMBC appoints Global Head of Trade Finance

Japanese bank Sumitomo Mitsui Baking Corporation (SMBC) has appointed Mitsuhiro Kawamura (pictured) as Global Head of Global Trade Finance Department (GTFD) and Norihito Obata as Global Head of Product Development and Governance within GTFD, effective on April 1. Mitsuhiro will...

#Mitsuhiro Kawamura#Norihito Obata#SMBC

Allianz Trade announces changes in leadership teams

Allianz Trade, the world leader in trade credit insurance, announces changes in its leadership teams. Benoît des Cressonnières, Global Head…

#Allianz Trade#Benoît des Cressonnières#Philippe Dessèvre


MCB Bank and Fauree launch Pakistan’s first Sharia-compliant SCF...

MCB Bank Limited, through its Islamic banking division, has formed a strategic alliance with Fauree Tech Pvt. Ltd. to launch…

#Fauree#MCB Bank#scf


Star Funding names new VP to fuel growth

STAR Funding, a New York-based provider of working capital solutions for small and mid-sized businesses, announced that Bryan Maloney has…

#Bryan Maloney#Cash flow#factoring


British Business Bank agrees £100m ENABLE Guarantee transaction with...

The British Business Bank has agreed an ENABLE Guarantee transaction of up to £100m with Cynergy Bank PLC, to support…

#asset based lending#British Business Bank#Cynergy Business Finance


Finastra introduces enhancements to LaserPro, adds customer benefits to...

Finastra, a global provider of financial software applications, announced its leading cloud-based loan document preparation system, LaserPro, is now offering…

#Finastra#Laser-Pro#regulatory compliance


SBCI and EIB partner to enable €560m new lending...

The Strategic Banking Corporation of Ireland (SBCI) CEO, June Butler, and the Vice President of the European Investment Bank (EIB),…


Tesorio transforms portal bottlenecks into cash flow

B2B payments are undergoing a major transformation. Supplier portals—once used by just a handful of customers—now account for up to…

#AI#invoice submission#invoice tracking


EIB and Banca Popolare di Sondrio launch €300m initiative...

The European Investment Bank (EIB) and Banca Popolare di Sondrio have signed a new agreement to mobilise over €300m in…

#Banca Popolare di Sondrino#EIB#sme finance


Dun & Bradstreet to be acquired by Clearlake Capital

Clearlake Capital Group, L.P., (together with certain of its affiliates, “Clearlake”), last week announced that it has entered into a…

#Anthony Jabbour#Clearlake#Dun & Bradstreet


WFY’24: Robust export growth drives strong sales for trade...

Vietnam’s factoring industry entered 2023 with high expectations, especially with regard to export factoring which is the mainstay of the…

#factoring#Le Ngoc Hieu#Nguyen Minh Anh


African Development Bank provides US$25m trade finance facility to...

The Board of Directors of the African Development Bank Group has approved a US$25m trade finance transaction guarantee facility for…

#Adam Amoumoun#African Development Bank#Bank of Africa Madagascar

Yue Da International enters reverse factoring agreement with Yile...

Yue Da International Holdings Limited (Yue Da International), through its wholly owned subsidiary Yueda Commercial Factoring, has announced a new…

#Yile Trading#Yue Da International#Yue Da International Holdings

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