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Trade digitisation provider joins Marco Polo Network

Leading Trade Digitisation provider Bolero International has joined the Marco Polo Network, to bring Bolero’s e-Bill of Lading (B/L) including e-documents and e-presentation solutions to the trade finance network. Earlier this year, Bolero International has successfully launched its new Galileo...

#Bolero#Marco Polo

EIB and Afreximbank direct €300m to support African businesses against COVID-19

The European Investment Bank (EIB), the lending arm of the European Union, and the... (more…)

#bank#payment defaults#trade


Afreximbank wins two EMEA best structured finance awards

The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for... (more…)

#awards#bank#guarantee


Commercial Funding enters asset based lending market

Accounts receivable finance company Commercial Funding Inc... (more…)

#accounts receivable finance#funding#Funding Options


Mastercard & BRD – Groupe Société Générale take the...

Mastercard Romania and BRD - Groupe Société Générale announce the local implementation of... (more…)

#bank#First Bank#security


Digital fuel platform partners with SCF provider on US$20m...

The digital bunker fuel and lubricants platform Bulugo, which opened for business at... (more…)

#Whitehall Finance


Working-capital trade finance expected to rise

Although the 2008 financial crisis jolted the world economy, the financial conditions leading up to... (more…)

#management#payment terms#platforms


GRENKE AG sees signs of business recovery in Q2...

GRENKE AG, a global financing partner for small and medium-sized enterprises, saw the first signs of recovery... (more…)

#GRENKE


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

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