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Russian AFC members’ half year turnover over RUB600bn

The Association of Factoring Companies (AFC) in Russia has published the preliminary results of the business development of its members in the first half of 2015. The total turnover of 18 members of the AFC has reached RUB642.4bn. The total...

#bank#banks

UK small businesses favouring the alternative

Research recently published by Amicus Finance PLC found that small businesses are beginning to prefer alternative lenders over traditional banks,…

#alternative lending#bank#small business


SME Bank targets 20 firms to join new trust...

The Small and Medium Enterprise Development Bank of Thailand has launched the SMEs Private Equity Trust Fund, with an initial…

#bank#management#smes


EBRD signs trade facility with Eurobank Cyprus

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade in Cyprus with a EUR20m…

#bank#Deutsche Bank#exporters


Bayside Business Solutions acquired by Jack Henry & Associates

Jack Henry & Associates – a leading provider of technology solutions and payment processing services – today announced the acquisition…

#acquisition#bank#commercial lending


Bibby Financial Services appoints new business development vp

To support its expanding asset-based lending capabilities, Bibby Financial Services Canada has hired a new vice president of business development,…

#bank#management#purchase order


BCR conference expert speakers announced

BCR has so far attracted thirteen leading industry experts in receivables finance to speak at its highly anticipated Transforming Factoring…

#Aldermore#bank#conference


Essar Oil UK secures new long-term working capital facilities

Essar Oil UK, a subsidiary of Essar Energy Limited – which owns and operates the Stanlow Refinery in Ellesmere Port…

#bank#invoice#Lloyds Bank


Scottish Pacific export projects approved

Scottish Pacific Business Finance has been approved by the federal government’s export credit agency (Efic) as the first non-bank lender…

#bank#commercial finance#exporters


EUR75m fund launched by HSBC

HSBC Bank has launched a new EUR75m Malta Trade for Growth (MTFG) Fund to help Maltese companies achieve international growth…

#bank#emerging markets#interest rates


Garanti Factoring credit rating rises

Fitch Ratings has updated the credit rating of Garanti Factoring as “BBB-” with a positive outlook (more…)

#bank#BBVA#L/C


Lloyds Bank appoint new area director to meet invoice...

Lloyds Bank’s global transaction banking team has been strengthened with the appointment of a new area director to cover the…

#bank#capital requirements#invoice

New President appointed at Afreximbank

The African Export-Import Bank (Afreximbank) has appointed Dr. Benedict Oramah as President (more…)

#bank#Benedict Oramah#trade

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