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Coface records €189.7m income in the first 9 months

Coface releases its 9M-2023 financial results and records excellent income of €189.7m in the nine months amidst slowing inflation and claims normalisation.Turnover of first nine months:€1,418m, up 7.1 per cent at constant fx and perimeter and up 5.3 per cent on a...

#trade credit insurance

AI not ready for the insurance market says Nexus

At SCHUMANN Connect, Schumann’s London conference last week, it was said that underwriting in trade credit insurance is undergoing a…

#AI#Nexus#Robert Meters


Moroccan youth-led lending institutions receive a €100m investment from...

The European Bank for Reconstruction and Development (EBRD) announced that it is set to channel €100m in credit lines to…

#SME lending


Securitisation gets a boost at African financial conference

Securitisation as a financial tool for African economies was given a fillip last week at the African Financial Industry Summit…

#receivables securitisation#Sani Yaya


Skipton selects Dancerace to build on record year in...

UK lender Skipton Business Finance has chosen Dancerace ABL software to power its invoice finance services.The move comes after the lender…

#Dancerace#Elliot Avison


ICC UK: submissions for C4DTI Awards 2024 are now...

ICC UK is delighted to announce that the submissions for the C4DTI Awards 2024 are now open!The C4DTI Awards will…

#ICC UK


Polish factoring market cools down in Q3

The third quarter of 2023 brought the expected but long-unseen decline in turnover to the factoring industry, as reported by the…

#Executive Committee#PZF#receivables


FundOnion launches business finance comparison site for SMEs

FundOnion has today officially launched its AI-backed business finance comparison site for small business loans.The FundOnion comparison site allows businesses…

#bank#Bank of England#business finance


MonetaGO strengthens board with three new appointments

MonetaGo, a provider of global trade finance fraud prevention solutions, is adding Robyn Dittrich, David Rutter and Arnau Porto as…

#Fraud Prevention#Managerial Appointments#MonetaGo


BNP Paribas grants Inclusive & Sustainability-Linked Financing to three...

BNP Paribas announces the granting of three Inclusive & Sustainability-Linked Financing, which include environmental, social and just transition objectives, to…

#ESG#micro financing#sustainability


Saudi EXIM supports non-oil exporter

The Saudi Export-Import Bank (EXIM Bank) has entered into an agreement with Obeikan AGC Glass Company for an export credit…

#Exim Bank#export credit insurance#trade credit insurance


Standard Chartered and IFC launch $200m trade finance programme...

Standard Chartered Bank Pakistan Ltd and the International Finance Corporation (IFC) have launched a groundbreaking $200m rupee-equivalent trade finance initiative…

#bank#international#smes

iwoca study shows traditional routes for small business financing...

Over eight in ten SME finance experts (83%) believe that high street banks are reducing their appetite to fund the…

#Colin Goldstein#iwoca#SME lending

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