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UAE’s first peer-to-peer finance platform marks industry milestone

Beehive, the UAE's online marketplace for peer-to-peer finance, has announced it has facilitated over AED12m (USD3m) in finance for more than 25 small and medium-sized enterprises (SMEs) in the UAE since its launch in November 2014 (more…)

#Beehive#invoice#Jobs

Lending to SMEs predicted to deliver highest margin growth

Lending to SMEs is expected to deliver the highest margin growth for banks out of any of their main product…

#banks#economy#small business


Simon Featherstone on the importance of the FCI/IFG merger

At the recent FCI annual general meeting in Singapore last month, FCI members voted in favour of unification of FCI…

#banks#crisis#financial services


HSBC appoints new commercial banking head for Singapore

Appointee to oversee segments including global trade and receivables finance (more…)

#cash management#global trade#management


Atom business banking MD joins BCR conference panel

The managing director for business banking at UK-based Atom Bank has agreed to participate in the panel discussion at BCR’s…

#bank#conference#digital


New managing director at Shawbrook Business Credit

Shawbrook Bank has announced the appointment of Tim Hawkins as managing director, Shawbrook Business Credit, replacing John Onslow (more…)

#asset based finance#bank#commercial finance


Globo expects limited impact from Greek situation

Mobile software and services company Globo plc has reported that the crisis in Greece has had a limited negative effect…

#Clear#crisis#international


Afreximbank closes its largest ever term loan

The African Export-Import Bank (Afreximbank) has announced the closing of the general syndication stage of the largest ever term loan…

#bank#Commerzbank#FirstRand


Asset management

Over the past 20 years, the Asset Based Finance Association (ABFA) has grown from a small industry association which was…

#bank#Bank of England#invoice


UK Budget reaction

The Chancellor of the Exchequer, George Osborne, has announced GBP200,000 as the annual investment allowance (more…)

#Funding Options#guarantee#IGF


Partnership to accelerate UK business funding

UK business software and services company Sage has partnered with London-based alternative finance providers MarketInvoice and Funding Circle to help…

#funding#invoice#Sage


Russian AFC members’ half year turnover over RUB600bn

The Association of Factoring Companies (AFC) in Russia has published the preliminary results of the business development of its members…

#bank#banks

Company shares of Encore Capital Group drop by 4.14%

Encore Capital Group Incorporated – which purchases portfolios of defaulted consumer receivables at deep discounts to face value – has…

#international#receivables

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