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China’s e-commerce giants are adopting a unique factoring model

With technology conglomerates’ growing engagement with small and medium size enterprises (SMEs), over the last four years a model of so-called “double factoring” ... (more…)

#bank#international#invoice

New financing options for SME to emerge – Romania’s...

The draft bill for the creation of the Romanian Development Bank was approved by the Senate... (more…)

#bank#financial institution#guarantees


Reshuffle at the top for UniCredit Germany

Jan Kupfer, currently global co-head of global transaction banking (GTB) for UniCredit, has been appointed head of ... (more…)

#bank#international#International Trade


Latvian SMEs have good access to finance according to...

In general, small and medium-sized enterprises (SMEs) in Latvia have good access to financing for growth, according to the latest…

#Access to Finance#bank#crisis


Zimbabwean lender sets aside US$10m for SMEs  

Homelink Finance Services has set aside over US$10 million to enhance the export capacity of small to medium enterprises (SMEs)…

#bank#exporters#international


Supply Chain Finance – roots and development

Supply chain finance took root in ... the 1980s. It gradually migrated into the retail sector, grew quietly for years, then...…

#bank#invoice#management


UK P2P lending soars but SMEs generally wary of...

Peer-to-Peer business lending and other forms of alternative business finance saw significant growth last year, but an aversion to external…

#bank#business finance#digital


HSBC global trade and receivable finance business ‘stabilised’ in...

HSBC’s commercial banking division grew its pre-tax profits 15% during 2017, to US$6.7bn ... (more…)

#bank#liquidity#management


Four banks join Indian Invoicemart TReDS platform

New banks have come on-board the invoice discounting platform Invoicemart. The recent addition, Allahabad Bank, Standard Chartered Bank, Vijaya Bank and…

#bank#interest rates#invoice


New definition of SME shuts out companies from grants...

Listed entities and government-linked companies (GLCs), including their subsidiaries, are no longer deemed as small and medium enterprises (SMEs)... (more…)

#bank#financial services#guarantee


ADB gives USD 75mn for lending to Sri Lanka’s...

Sri Lanka has decided to obtain an additional financing through a loan of US$75 million dollars from the Asian Development…

#ADB#bank#international


Barclays Africa names new regional head of trade

...has joined Barclays Africa as regional head of trade (excluding South Africa) in Johannesburg... (more…)

#ABSA#bank#global trade

UK finance provider enters new partnership to offer cashflow...

SME funding provider ... has entered into a partnership with...a leading distributor of specialist building products in the UK, to…

#bank#funding#smes

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