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As reported earlier by BCR News, HSBC Innovation Banking, formerly Silicon Valley Bank’s UK arm, placed Stenn Assets UK and Stenn International into administration last week. Jim Tucker, Kristina Kicks, and Joshua Dwyer of Interpath Ltd were appointed as joint...
#HSBC#Silicon Valley Bank#Stenn
IFC and Ethiopia's Awash Bank have partnered to support increased trade in Ethiopia. The partnership will provide local businesses with…
#Aliou Maiga#Awash Bank#Global trade finance programme
Non-performing loans (NPLs) remain stable in European economies where the European Bank for Reconstruction and Development (EBRD) operates, despite persistent…
#bad loans#EBRD#NPL Monitor
IFC and The Hongkong and Shanghai Banking Corporation Limited (HSBC) today announced the signing of a US$1bn risk-sharing facility that…
#HSBC#IFC#trade finance
Supply chain financing (SCF) is on the brink of another seismic shift. Nirav Choksi (pictured), CEO & Co-founder at CredAble…
#CredAble#Nirav Choksi#scf
One of the UK’s largest credit insurers, Atradius, has reported a 10 per cent drop in claims from UK businesses…
#Atradius
Douglas Grant, Managing Director at Manx Financial Group, comments on how UK SMEs in 2025 will face significant challenges and…
#agility#Douglas Grant#Manx Financial
Synovus has launched its newest initiative, AccelerateTM Trade, a portal for international business clients to manage global trade finance products…
#AccelerateTM Trade#Banking as a Service#Katherine Weislogel
The International Factoring Association (IFA) has announced that Robert Center, Senior Relationship Manager at Quasar Capital, has been selected to…
#IFA#International Factoring Association#Madison Majecki
"Market awareness of SCF in the EBRD region is very limited, particularly among SMEs." Michael Bickers speaks with Shona Tatchell…
#BCR webcasting#EBRD#supply chain finance
French fintech leaders Pennylane and Defacto have strengthened their partnership to offer seamless, instant invoice financing for small and medium-sized…
#Defacto#electronic invoice#factoring
The British Business Bank, Responsible Finance, and JPMorganChase have announced initiatives to address the finance gap for small businesses in…
#British Business Bank#JPMorgan#Responsible Finance
Enterprise Investors-backed Polish fintech PragmaGO, one of Poland's largest non-banking financial institutions serving small and medium-sized enterprises (SMEs), has acquired…
#aquasition#factoring#fintech