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Global

New York passes disclosure bill for various commercial transactions...

On July 23, 2020, the New York legislature passed A10118A/S5470B requiring disclosures in... (more…)

#commercial finance#financial services#regulation

illimity Bank doubles quarterly profit from €5m to €10m...

The Board of Directors of illimity Bank S.p.A. (illimity), which met yesterday under the... (more…)

#illimity


Intesa secures €4.2bn UBI takeover

Intesa Sanpaolo, Italy’s second-largest bank by assets, has secured the two-thirds majority in shares it... (more…)

#bank#capital requirements#financial services


CDC adds US$75m to its trade finance deal with...

CDC, a UK-based development finance institution, has announced an additional US$75m commitment to... (more…)

#ABSA#CDC


US bank stops factoring outsourcing, favouring in-house services

...announced that it has purchased certain assets and hired three employees of... (more…)

#bank#cash-flow#commercial lending


Leumi UK appoints head of newly formed commercial finance...

Multi-specialist bank Leumi UK has appointed Roy Shilo as head of commercial finance... (more…)

#commercial finance#Leumi


TAB Bank provides US$4m ABL facility to water bottling...

TAB Bank provided a US$4m asset-based lending (ABL) revolving facility for a water bottling company based in California. The new…

#bank#Vice president#working capital


DBS partners Infor to integrate digital trade financing into...

Infor, a global leader in business cloud software specialized by industry, has announced that ... (more…)

#DBS


Don’t leave cash on the table

Mark Mandula, Editorial Board Member of TRF News and Chief Marketing Officer, United Capital Funding Group... (more…)

#cash management#international#management


Accord announces second quarter earnings and quarterly dividend

Accord Financial Corp. today released its financial results for the three and six months ended June 30, 2020... (more…)

#Accord Financial Corp#international#management


HSBC, Asian Development Bank partner for Covid-19 supply chains...

HSBC and the Asian Development Bank (ADB) have announced a supply chain finance programme to... (more…)

#Asia Development Bank


CBILS terms expanded to offer relief to more SMEs

The conditions of the coronavirus business interruption loan scheme (CBILS) have been expanded to allow more small- and medium-sized enterprises...…

#CBILS

Digitalised supplier finance offers lifeline to SMEs

Claudia Perri regional commercial director at HPD LendScape describes below why digitalised supplier chain finance... (more…)

#supplier finance

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