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United Bank for Africa and African Guarantee Fund partner...

The United Bank for Africa (UBA) and African Guarantee Fund (AGF) on Monday signed a partnership that ensures that UBA provides US$100m in new loans to small and medium size enterprises (SME) and business owners across the 20 African countries where the bank...

#African Development Bank#bank#international

ProCredit secures US$4.1m pre-seed round to bolster SME lending...

ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…

#bank#emerging markets#management


Bridging the SME funding gap: World Bank’s initiative in...

Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…

#bank#digital#SME lending


Crown Partners arranges US$82.5m ABL financing for Signature Brands

Crown Partners (Crown) announces the successful arrangement of US$82.5m of senior debt for Signature Brands, LLC (Signature Brands), a portfolio company…

#bank#cash-flow#liquidity


Bahrain Development Bank launches invoice discounting  

Bahrain Development Bank (BDB) has launched its invoice discounting scheme, to support small and medium sized companies (SMEs) to bridge the…

#bank#invoice#liquidity


John Smyth rejoins Bibby Financial Services to boost SME...

The UK’s largest independent invoice finance provider, Bibby Financial Services (BFS), has announced the return of Business Development Manager John…

#bank#commercial finance#financial services


Landsbankinn is the first to go live on IBAS...

Norwegian software vendor Commercial Banking Applications AS (CBA), today announced that Landsbankinn in Iceland is benefitting from the seamless integration…

#bank#international#invoice


AfDB and TDB forge $150m partnership to boost intra-African...

The Board of Directors of the African Development Bank Group has approved a US$150m Trade Finance Unfunded Risk Participation Agreement…

#African Development Bank#bank#emerging markets


CapitalBox expands reach with acquisition of Omniveta Finance

Sweden’s CapitalBox, the alternative financing specialist for SMEs in Europe, has announced the acquisition of Copenhagen-based Omniveta Finance’s business. Omniveta…

#alternative financing#bank#invoice


Beltone Leasing and Factoring inks historic syndicated factoring deal...

Beltone Leasing and Factoring, a wholly owned subsidiary of Beltone Holding, has signed the first syndicated factoring deal in Egypt…

#bank#Banque Misr#liquidity


Marsh McLennan expands Unity insurance to cover war risk...

Marsh McLennan, a leading re/insurance broker, has teamed up with the Ukrainian government and Lloyd’s to announce a significant expansion…

#bank#exporters#Marsh


Alloy introduces embedded finance solution for streamlined compliance management

Alloy, the company that helps nearly 600 top banks and fintech firms manage identity risk, has launched a new product…

#bank#fintechs#management

Treasury Committee raises alarm over banks closing small business...

Ahead of the final leg of the Treasury Committee’s inquiry into SMEs' access to financing, recent data reveals that 2.7%…

#bank#NatWest#Paragon

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