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Businesses welcome initiative to ‘name and shame’ non-payers

Some 69 per cent of SMEs are backing Michael Fallon's proposal to name and shame the FTSE 350 companies refusing to sign up to the Prompt Payment Code. (more…)

ICC to host trade finance event in Lisbon

The next ICC Banking Commission meeting is to be held in Lisbon from 15 to 18 April. The ICC Banking Commission…


Embark hits GBP50m of funding on fifth birthday

Independent finance brokerage Embark is celebrating its fifth birthday by hitting a total of GBP50 million of funding for clients…

#invoice#purchase order#smes


Debt recovery tribunals in India left in a state...

  Despite new laws banks play shylock in debt recovery tribunal chaos. In a detailed judgment last month, the Supreme Court…

#bank#international#regulation


IFC backs leading Mongolian bank with USD20m for SME...

The International Finance Corporation (IFC) has agreed to provide US$20 million to Khan Bank LLC, Mongolia's largest bank by assets,…

#bank#financial services#international


UniCredit Tiriac releases 2012 factoring volumes

UniCredit Tiriac Bank s volume of factoring operations amounted to some EUR 796 million in 2012, similar to the level…


Kenyan Bank receives Sh100m to boost SME lending

Kenya's I&M Bank has agreed a Sh100 million (US$1.1 million) deal with the African Guarantee Fund (AGF) to back up…

#African Development Bank#bank#guarantees


Vince Cable to boost alternative SME loans with GBP32m...

Business Secretary Vince Cable has unveiled a funding plan aimed at boosting enterprise, pumping GBP32 million into three newcomers to…


Yorkshire Bank unveils GBP100m invoice finance fund

Yorkshire Bank has launched a GBP100million invoice finance fund to help entrepreneurs who are struggling because of late payments. (more…)

#bank#cash-flow#credit protection


ABFA plans for self-regulation system

The Asset-Based Finance Association (ABFA) is creating a system of self-regulation following complaints about its members unfairly withdrawing credit lines…

#banks#invoice#regulation


Business growth driven by alternative funding providers

Hundreds of jobs secured thanks to GBP20million of new funding from Bibby Financial Services. (more…)

#alternative funding#financial services#invoice


Receivables Finance International Convention draws big attendance in Istanbul

BCR’s first Receivables Finance International Convention which took place this week in Istanbul, Turkey drew large attendance levels with delegates…

Atradius release 2012 financial results

Atradius, a global credit insurer, has reported profit before tax of EUR 156.2 million for its 2012 financial year, on…

#Atradius#emerging markets#insolvency

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