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What will be the long-term impact of the new...

Over the last five years a sizeable number of new entrants have entered the market for consumer and commercial finance. They range from invoice trading platforms to peer-to-peer lending platforms to the so-called ‘challenger banks.’... (more…)

#bank#blockchain#commercial finance

RBS supports buyout with invoice discounting facility

Foresight Nottingham Fund has supported the management buyout (MBO) of a recruitment company with a multimillion-pound package. Foresight provided GBP2m…

#bank#funding#invoice


IFC supports consolidation of Armenian Banks to boost SME...

IFC, a member of the World Bank Group, is providing a USD20m loan to Armenian Inecobank to support its acquisition…

#bank#SME lending#smes


Cфte d’Ivoire concludes ratification of Afreximbank Branch Office Agreement

Cфte d’Ivoire has presented the formal instrument of ratification to the Afreximbank for the establishment of the Bank’s Branch Office…

#bank#exports#financial services


Alibaba launches SMILE service for Indian SMEs

Chinese e-commerce company, Alibaba.com has announced the launch of a range of services for Indian SMEs selling on Alibaba.com (more…)

#Alibaba#bank#e-commerce


Recruitment firm set to expand backed by invoice finance

Launched in August 2014, Staffing Match has reported a GBP17m turnover with plans to expand, thanks to support from RBS…

#bank#i#invoice


Report finds that Islamic financing gap for SMEs up...

The Istanbul-based World Bank Global Islamic Finance Development Center together with the Islamic Development Bank is stepping up its initiatives…

#bank#international#platforms


BBVA Head of Corporate Finance set to leave

Banco Bilbao Vizcaya Argentaria SA’s head of global corporate finance Francisco Rey is reported to be set to leave the…

#bank#BBVA#conference


Lloyds boosts medical firm with invoice financing

PolyPhotonix Medical has expanded into larger premises following a GBP200,000 invoice finance package (more…)

#bank#cash-flow#commercial finance


Afreximbank offers USD1bn facility to support Egyptian economy

Afreximbank has reported that it will arrange a facility of up to USD1bn for the Central Bank of Egypt (CBE),…

#bank#Benedict Oramah#liquidity


Piraeus Bank’s new online factoring services

Piraeus Bank Romania is now offering its clients new online factoring services with Neurosoft's e-factoring and SCF solution Tesla (more…)

#bank#e-factoring#financial services


Entities get trade receivables go-ahead

Three entities — Axis Bank, Gurgaon-based Mynd Solutions and a joint bid by NSE Strategic Investment Corporation and Small Industries…

#bank#management#receivables discounting

Atom and BBVA form strategic partnership

Atom, reportedly the UK’s first digital bank, has announced its strategic partnership with BBVA (more…)

#bank#BBVA#digital

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