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Indian financiers rescue Silicon Valley Bank-hit firms

An international rescue effort has come into play to help the many tech start-ups that were funded by the collapsed Silicon Valley Bank (SVB). Not only are major banks, such as HSBC, which has bought SVB’s UK unit, involved, but...

#Silicon Valley Bank

Strong growth forecast for Philippines‘ SCF market

The Philippines’ supply chain finance market has enormous potential, and is forecast to cover 15 per cent of MSMEs’ cashflow…

#MSME finance#supplier finance#supply chain finance


OFID to loan US$40m for Vietnamese SMEs

The OPEC Fund for International Development (OFID) has announced that it is providing a US$40 million loan to Vietnam Maritime…

#OPEC Fund for International Development#SME lending


Saudi SME bank allocates US$2.8bn for SME financing

Saudi Arabia’s Small and Medium Enterprises Bank (SME Bank), a development bank under the National Development Fund, announced the allocation…

#SME bank


Bill to streamline business payments for BMO clients

Bill, one of the leading US financial automation software providers for small and midsize businesses, announced a partnership with BMO to…

#Bill#BMO#digitalisaton


Inaugural Trade and Investment Forum Launched

BCR and ITFA held their first Trade and Investment Forum in London on Thursday at the offices of SMBC. The…

#Lord Holmes#SMBC


Poland postpones mandatory e-invoice system to July 2024

Poland was allowed by European Council to introduce mandatory e-invoicing starting from January 2024... (more…)

#e-invoice system


Premji Invest leads US$110m investment in SCF platform Mintifi

Premji Invest led a US$110m funding round for supply chain financing (SCF) platform Mintifi... (more…)

#Supply Chain Financing


Douglas Grant comments on UK SME outlook as GDP...

Commenting on the outlook for SMEs as GDP grows by 0.3 per cent... (more…)

#Douglas Grant#Manx Financial


Palmer launches new ABL firm

Jennifer Palmer is announcing the formation of asset-based lending (ABL) company, JPalmer Collective. The new firm will provide customised financing…

#commercial finance#financial services#international


Trade financier Ebury adds 17 more exotic currencies to...

Ebury, the global financial services firm and one of Europe’s leading fintechs, has expanded its online platform capabilities with the…

#Ebury

Finastra’s ESG Service will support banks in delivering sustainable...

Finastra today announced the availability of its ESG Service... (more…)

#ESG#Finastra#green finance

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