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The European Investment Bank (EIB) and Banco Sabadell have signed a guarantee agreement for up to €200m as the first tranche of a total EIB-approved operation of up to €300m. The arrangement will allow the Spanish bank to facilitate up to €400m in...
#bank#EIF#interest rates
Turk Eximbank has announced the signing of a €1bn (US$1.1bn) loan financing deal under the guarantee of the World Bank…
#bank#Deutsche Bank#exporters
TIL Ltd, a material-handling equipment manufacturer, along with its senior management, have been fined Rs 2.5 crore (US$300.6K) for logging fictitious…
#bank#international#management
HSBC has introduced a new Payment Pre-Validation API (Application Programming Interface) to help business customers make payments with greater security, ease…
#API#bank#e-commerce
HSBC has announced the launch of its new e-commerce digital payment platform Omni Collect in the UAE in partnership with…
#bank#digital#e-commerce
Crédit du Maroc has acquired a 33.33 per cent stake in Crédit du Maroc Leasing and Factoring from Crédit Agricole…
#acquisition#bank#Crédit Agricole Leasing & Factoring
Australia and New Zealand’s leading non-bank business lender ScotPac, and global business insurance and risk management specialist Gallagher, have entered a preferred…
#bank#business finance#invoice
Webster Bank recently announced that Jeffery Wacker has joined the bank’s asset based lending (ABL) division as Managing Director (MD)…
#bank#creativity#digital
In light of this morning’s inflation rate announcement, Michael McGowan (pictured), Managing Director, Foreign Exchange at Bibby Financial Services, commented: “Today’s announcement…
#bank#Bank of England#interest rates
UK Finance today releases its 2024 annual fraud report, detailing the amount its members reported as stolen through payment fraud…
#AI#bank#financial services
The Trade Receivables Discounting System (TReDS) platform, Receivables Exchange of India Ltd (RXIL), has financed over five million invoices totalling…
#bank#invoice#platforms
Provident Financial Services, Inc. (Provident) announced yesterday that its merger with Lakeland Bancorp, Inc. (Lakeland) was completed, creating the premier super community…
#bank#credit risk#financial services
The European Bank for Reconstruction and Development (EBRD) is boosting Palestinian export and import activity by providing an additional US$3m to…
#bank#exporters#guarantees