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UniCredit hires new head of Global Transaction Banking

UniCredit has appointed George Stein as head of Global Transaction Banking for the UK, with responsibility for strengthening the bank’s UK-based capabilities and business in trade finance and cash management (more…)

#bank#cash management#Deutsche Bank

Russian factoring market turnover in SME segment reaches RUB240bn

The Russian Association of Factoring Companies (AFC) with the support of "SME Bank" held a regular collection of statistical indicators…

#bank#SME bank#smes


SME finance firm makes move into Scotland

Yorkshire-based SME finance company ABL Business is expanding its operations north of the Border, opening an office in Glasgow, Scotland,…

#Aldermore#bank#commercial finance


Demica appoints Franзois Terrade as Head of Structuring

Demica, a provider of working capital solutions and financing partner to multinational companies, has announced the appointment of Franзois Terrade…

#bank#funding#international


Invoice finance company plans increased lending

HH Cashflow Finance, an invoice finance company based in Newport, Wales, has announced that it is on course to advance…

#bank#cash-flow#Henry Howard Finance


Afreximbank could benefit Egyptian SMEs

Egyptian firms seeking opportunities for increased trade within African markets should take advantage of the expertise and offerings of the…

#bank#conference#exporters


RBI allows banks to fix value for factoring business

The Reserve Bank of India has allowed banks to carry out the business of factoring without any restrictions on the…

#bank#banks#invoice


Crestmark closes USD6.5m deals

Crestmark, a bank which provides financial solutions including accounts receivable financing and factoring, reportedly secured a total of USD6.51m in…

#bank#security


Afreximbank promoting factoring and forfaiting to benefit of African...

Africa can minimise how much it is affected by global shocks by taking advantage of the services and programmes available…

#bank#receivables financing#smes


Reward Finance Group posts record results and relocates

Reward Finance Group offers short-term capital, invoice finance and trade finance services through its Reward Capital, Reward Invoice Finance and…

#bank#invoice#Reward Finance


Sberbank factoring in deal with PJSC sovfracht

Sberbank factoring has signed a general contract of factoring services for financing the transport of petroleum products (more…)

#alternative financing#bank#interest


Chad joins Afreximbank as 38th participating state

Chad has announced its accession to the Agreement Establishing Afreximbank becoming the 38th African country to join the continental trade…

#bank#Benedict Oramah#trade

New managing director at Sterling National Bank

Sterling National Bank, the principal subsidiary of Sterling Bancorp, has announced that Ernest Pelli has joined its Asset-Based Lending division…

#bank#Bank of America#Sterling National Bank

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