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Fitch confirms Afreximbank’s BBB- credit rating

The African Export-Import Bank (Afreximbank) announces that Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook. The agency also affirmed the Bank's Short-Term IDR at 'F3' and senior unsecured debt at 'BBB-'....

#bank#guarantees#management

UK government schemes provided £57bn to SMEs

Accredited lenders have provided £57.31bn to 1.33 million businesses through the... (more…)

#bank#LendingCrowd#P2P lending


HSBC paves way for SMEs to access receivables finance...

HSBC said it has closed the first receivables financing deal on Singapore's Networked Trade Platform (NTP)... (more…)

#API#bank#guarantees


Finastra to help solving SME funding gap

As part of its accelerated innovation mission and open cloud platform strategy, Finastra has set... (more…)

#bank#cash management#financial services


Surecomp provides multibank solution to Europe-based bank

Trade finance solutions provider Surecomp has announced that the latest version of its... (more…)

#API#bank#digital


British Business Bank grows SME support to £8bn

The British Business Bank (BBB) has grown its stock of support to small and medium-sized enterprises (SMEs) to... (more…)

#bank#British business#guarantee


Trade finance Lebanese firm to offer new product to...

The Cedar Oxygen (CO) initiative emerged during a dire economic and... (more…)

#alternative financing#bank#exporters


US retailer emerges from bankruptcy with new owner, secures...

US retailer J Crew has emerged from Chapter 11 bankruptcy... (more…)

#bank#Bank of America#e-commerce


Ex-Catalyst Finance CEO moves to Just Cash Flow as...

Small business lender Just Cash Flow has scooped up... (more…)

#Aldermore#bank#Bank of England


BAFT announces new payables finance principles

BAFT, an international financial services association, announced the... (more…)

#bank#Deutsche Bank#international


ICC goes live with trade digitalisation effort, announces executive...

The International Chamber of Commerce (ICC)– renowned for its global standards that enable... (more…)

#ADB#bank#blockchain


Pakistan wants mega bite of digital future

Pakistan is a promising market for start-ups because of its young ecosystem, a rapidly-growing digital economy and local technology clusters…

#bank#financial services#international

Egypt launches TSFE sub-fund for financial services, digital transformation

Egypt's Minister of Planning and Economic Development Hala El-Said has issued a decree to establish the Egypt sub-fund for financial…

#bank#digital#financial services

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