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SBCI lending reaches EUR45m

Over 1,600 small- and medium-sized businesses have drawn down a combined EUR45m from the Strategic Banking Corporation of Ireland in its first four months in operation (more…)

#bank#bank loan#banks

Factoring without prior approval

The Reserve Bank of India (RBI) has said that banks can carry out the business of factoring departmentally, without obtaining…

#bank#invoice#Paid


PrimeRevenue Capital Management launched

Recently appointed Richard Tynan to head new London-based venture (more…)

#bank#international#management


AFC Russia gains new member

MDM Bank has joined The Association of Factoring Companies Russia as a full member. It has been working in the…

#bank#banking services#banks


UK businesses turning to invoice discounting

Figures published by the Bank of England (BoE) showed a fall of GBP5.5bn in outstanding lending to non-financial businesses –…

#bank#Bank of England#banks


Diluting City regulation

A deputy governor of the Bank of England has warned against watering down financial services regulation to boost short-term growth,…

#bank#Bank of England#financial services


Cфte d’Ivoire plans to increase investment in Afreximbank

Ivorian President Alassane Ouattara has announced that the country is planning to increase its investment in the African Export-Import Bank…

#bank#Benedict Oramah#Paid


DOKA 5 awarded 2015 SWIFT accreditation

Surecomp – the global provider of trade finance solutions for banks and corporations – announced today that DOKA 5 (its…

#awards#bank#banks


New appointments at BA Business Capital

Bank of America Business Capital has announced it has named new senior vice presidents and senior business development officers in…

#bank#business finance#commercial finance


TFP makes swift appointment

Trade Finance Partners (TFP) has appointed a new co-chief executive, effective immediately (more…)

#Aldermore#bank#management


Afreximbank’s rating outlook changes to “Stable”

Moody's Investors Service has announced that it has changed the outlook on the Baa2 long-term issuer rating of the African…

#African Development Bank#assignment#bank


First National Bank introduces new invoice discounting facility

First National Bank (FNB), South Africa, has given SMEs struggling to pay their taxes a major boost by introducing a…

#bank#invoice#late payment

An unsustainable situation

Tracy Ewen, managing director of IGF Invoice Finance, comments on the news that UK small businesses are spending GBP11bn chasing…

#bank#IGF#invoice

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