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Moody’s Analytics: COVID-19 recovery could cause global economic depression

https://www.moodysanalytics.com/-/media/article/2020/Handicapping-the-Paths-for-the-Pandemic-Economy.pdfAccording to the Moody’s Analytics baseline economic forecast, real global GDP will fall by... (more…)

#COVID-19

US trade credit insurers request US$60m backing from government

US trade credit insurers have approached the US Treasury Department and Federal Reserve seeking... (more…)

#trade credit insurance


Blockchain platform Factorin to transform the trade finance market...

Since its launch in 2019, Factorin has attracted 30 banking entities, has processed financing for... (more…)

#Factorin


China’s Zheshang Bank issues US$17m asset backed commercial paper...

Last week China’s Zheshang Bank issued asset backed commercial paper ... (more…)

#bank#blockchain#SME financing


CEO of Optimum Finance dies

It has been reported to TRF News that Richard Pepler, Chief Executive Officer of ... (more…)

#Optimum Finance


IFA appoints Crawford, Landis, Roberson and Shu as Advisory...

The International Factoring Association (IFA), the world’s largest association of commercial finance... (more…)

#bank#commercial finance#invoice


Trade financing an enabler of exports for SMEs  

Trade is a key driver of economic development for any nation, thus the importance of... (more…)

#export finance


British Business Bank approves new lenders under BBLS &...

British Business Bank announced that JCB Finance had been approved as a new lender... (more…)

#Arbuthnot Commercial ABL#bank#British business


MarketFinance opens for invoice finance and term loans under...

Fintech provider of loans and invoice financing MarketFinance has begun processing... (more…)

#MarketFinance


Global Credit Data releases its latest report on loss...

Global Credit Data releases extensive analytics on loss given default, including the first complete account of losses... (more…)

#Global Credit Data


Intesa Sanpaolo and Sanlorenzo sign €50m credit line for...

Intesa Sanpaolo has signed a new partnership agreement with Sanlorenzo, with the aim of supporting the... (more…)

#Intesa Sanpaolo#Sanlorenzo


One of Canada’s biggest private lenders looking to sell...

One of Canada’s largest private lenders is looking to sell as much as... (more…)

#bank#liquidity#management

FCI announces global factoring results for 2019

The growth of the factoring industry in 2019 continued its upward trend and... (more…)

#factoring industry#factoring results#global factoring

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