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UK’s sixth largest food retailer makes strategic transition to...

PrimeRevenue, a leading platform for working capital finance solutions, and... (more…)

#bank#cash-flow#supply chain finance

CIH Bank goes live on Finastra platform to automate...

Morocco-based CIH Bank has gone live on Finastra’s Fusion Corporate Channels and Fusion Trade Innovation systems. According to Finastra the…

#bank#platforms#supply chain finance


Development Bank of Wales to launch new funds this...

The Development Bank of Wales is expected to launch new funds to support firms in particularly hard pressed sectors as…

#bank#British business#invoice


Comments on factoring rule in Bangladesh

Bangladesh Bank (BB) issued a circular on June 25, 2020 allowing factoring in Bangladesh... (more…)

#bank#International Trade#invoice


Reports claims fast-growing UK SMEs face £15bn funding shortfall

According to a new report, the UK’s fast-growing small- and medium-sized enterprises could face a... (more…)

#bank#British business#risk


EIB and Afreximbank direct €300m to support African businesses against COVID-19

The European Investment Bank (EIB), the lending arm of the European Union, and the... (more…)

#bank#payment defaults#trade


Afreximbank wins two EMEA best structured finance awards

The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for... (more…)

#awards#bank#guarantee


Mastercard & BRD – Groupe Société Générale take the...

Mastercard Romania and BRD - Groupe Société Générale announce the local implementation of... (more…)

#bank#First Bank#security


Intesa secures €4.2bn UBI takeover

Intesa Sanpaolo, Italy’s second-largest bank by assets, has secured the two-thirds majority in shares it... (more…)

#bank#capital requirements#financial services


US bank stops factoring outsourcing, favouring in-house services

...announced that it has purchased certain assets and hired three employees of... (more…)

#bank#cash-flow#commercial lending


TAB Bank provides US$4m ABL facility to water bottling...

TAB Bank provided a US$4m asset-based lending (ABL) revolving facility for a water bottling company based in California. The new…

#bank#Vice president#working capital


US fintech to acquire Australian SME financier

US financial services technology company...has announced that it is to... (more…)

#bank#business finance#invoice

ScotPac unrolls string of initiatives to assist brokers

A non-bank lender has introduced a series of initiatives to assist brokers in... (more…)

#bank#funding#invoice

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