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EUR4bn loans for Spanish SMEs

The European Investment Fund, part of the European Investment Bank Group, and six Spanish banks have signed the first SME Initiative transactions in Europe, in the presence of the Secretary of State Marta Fernбndez Currбs (more…)

#bank#EIF#interest rates

Efcom’s annual conference celebrates 15 years in business

Efcom’s annual user group conference was a double event last week in Frankfurt as it was also a celebration of…

#conference#Efcom#invoice


Turkmenistan small business initiative

The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, on October 1 launched its Small…

#bank#international#management


Corr Recruitment secures GBP1.5m invoice finance facility

Corr Recruitment - a specialist in transport and industrial sector recruitment - has secured a GBP1.5m invoice finance facility from…

#bank#cash-flow#commercial finance


Commerce Bank hires Hall

Commerce Bank has announced that Jared Hall will assume the role of Bloomington market president. Mr Hall will join Commerce…

#bank#financial services#leasing


CIT with new factoring appointment

CIT Group Inc., a provider of commercial lending and leasing services, has announced the appointment of Louis Barone as Managing…

#bank#commercial finance#international


EIB to offer peer-to-peer lending to UK SMEs

The European Investment Bank (EIB) has begun discussions with peer-to-peer lender Funding Circle on a project that would offer funding…

#bank#guarantee#small business


Encore Capital Group to acquire control of Baycorp

Encore Capital Group has announced that it is entering into an agreement to buy 50.25 per cent of Baycorp, a…

#acquisition#leadership#Two


Restrictions on invoice finance to be lifted

The UK government has announced that a ban on contractual clauses preventing businesses from securing invoice finance will come into…

#asset based finance#invoice#security


HSBC’s new APAC commercial banking head

Paul Skelton has been appointed as the new regional head of commercial banking, Asia-Pacific, at HSBC (more…)

#receivables#trade


SME financing budget lifted by Central Bank of Iraq

The Iraqi Private Banks League announced that the Central Bank of Iraq launched an additional IQD0.5trn to the financing budget…

#bank#banks#SME financing


Factoring business to expand after successful year

Simply Factoring Brokers is to open a new office on the South Coast of England after reporting a 130 per…

#i#Two

New EMEA regional sales head for treasury & trade...

Citi has announced the appointment of Steve Elms as the Treasury and Trade Solutions EMEA Regional Sales Head, Corporate and…

#leadership#liquidity#management

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