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Asset-based lenders performed well overall in Q4, SFNet reports

The resilience of the asset-based lending market continued in the fourth quarter, according to data released by the Secured Finance Network (SFNet). Lenders held positive against the backdrop of an uneven economy, but are closely watching portfolios in 2024.SFNet surveyed bank...

#bank#commercial finance#international

Banc of California announces promotions including new head of...

Banc of California, a wholly owned subsidiary of Banc of California Inc., has announced the promotion of several leaders in community…

#bank#business finance#management


BFS comments on ECB interest rate announcement

Following the publication of the European Central Bank (ECB)’s interest rate announcement today, Michael McGowan (pictured), Managing Director, Foreign Exchange, Bibby…

#interest rate


UKEF delegation heralds new trade opportunities for Benin and Togo

The CEO of the United Kingdom’s export credit agency has visited Togo and Benin, meeting government ministers in both countries to…

#debt finance#UKEF


EIB Group and Erste Bank join forces to provide...

EIB Group synthetic securitisation will enable Erste Bank to lend up to €196m to small and mid-sized businesses in Austria.The transaction…

#bank#EIF#guarantees


Time Finance appoints new Head of Marketing as it...

Leading SME finance provider, Time Finance, has appointed Caroline McDonald as the new Head of Marketing in a move that…

#Aldermore#business finance#funding


FCI launches MENA Regional Committee

In light of the rapidly changing landscape of the trade finance industry, FCI has decided to start establishing a regional…

#bank#receivables#Standard Chartered Bank


EU guarantees to unlock €37m for small businesses in Kosovo 

The European Investment Fund (EIF), part of the EIB Group, has signed portfolio guarantee agreements with 11 banks and financial…

#EIF#Marjut Falkstedt


Vista Bank Romania enters factoring market

In order to diversify the working capital solutions provided to mid and large companies, Vista Bank extended its offer with…

#acquisition#bank#banks


Kyriba expands suite of AI features to enhance liquidity...

Kyriba, a global innovator in liquidity performance, has announced new AI features within its platform designed to improve cash forecasting, bank…

#bank#cash management#management


Legal & General Investment Management introduces new short-term alternative...

Legal & General Investment Management (LGIM) has unveiled a new short-term alternative finance fund, responding to heightened investor interest. Targeted…

#receivables


Oscilar unveils advanced AI-Powered AML Risk Platform to combat...

Oscilar, a leading force in AI-Powered financial risk management, today publicly unveiled an industry-leading AI-Powered AML Risk Platform at the…

#AI#anti-money laundering#bank

Ultimate Finance hits new £100m double lending milestone

Asset-based lender Ultimate Finance has hit a new lending milestone with both their asset and bridging loan books hitting £100m…

#Josh Levy

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