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FIMBank has announced the appointment of its new CEO, Mohammed Louhab. The appointment has been made effective on the 1st of December following regulatory approval. The new FIMBank Group CEO has a significant background within the entities of the KIPCO...
#Managerial Appointments
Banco Santander is taking another step in its transformation by migrating the Corporate & Investment Banking (Santander CIB) business to…
#Corporate banking
HSBC has launched a pioneering new ‘fast-track’ digital trade finance demand guarantee to help customers trade internationally in a more…
#digitisation#guarantees#HSBC Trade Solutions
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105m (US$28m) in Series B funding led by Sanabil…
#alternative financing#debt financing#Lendo
TalkTalk, the UK mobile operator, is extending payment terms to its suppliers as it grapples with debt and cashflow concerns.…
#payment delays#supplier finance
Embedded finance provider Liberis has secured US$112m (£89m) in debt financing from HSBC Innovation Banking and BCI Capital to support…
#debt financing#embedded finance#Liberis
Swift in collaboration with BNY Mellon, Deutsche Bank and four electronic Bills of Lading (eBL) platforms, have successfully tested an…
#BNY Mellon#CargoX#Deutsche Bank
Chipotle Mexican Grill and Bridge are uniting to offer the Bridge business loan marketplace to Chipotle's small- and medium-sized businesses…
#Bridge#digital platform#SMB finance
Factoring volume has been growing over the last few years since its introduction to the Egyptian market in 2005, said…
#World Factoring Yearbook
Evolution Credit Partners Management (Evolution), an alternative credit firm with approximately US$3bn in assets under management, announced today the close of…
#assets under management
The Swiss banking group iSwiss has recently closed an important securitisation transaction on tax receivables of Italian state suppliers resulted from…
#securitisation
Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, marked two years of trading with a total…
#Cynergy Business Finance
Singapore-based petrochemicals, green energy and natural resources conglomerate ChemOne Group, has signed a binding definitive facility agreement with MUFG Bank…
#bank#financial services#MUFG