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Barclays and Blackstone announce strategic agreement to sell $1.1bn...

Barclays PLC ("Barclays") and Blackstone Credit & Insurance ("Blackstone") have announced today that Barclays Bank Delaware ("BBDE") has agreed to sell around US$1.1bn of existing credit card receivables as part of a defined set of Barclays-branded credit card accounts in...

#asset based finance#bank#capital requirements

IDB’s $12m boost: Suriname’s MSMEs and bio-businesses

The Inter-American Development Bank (IDB) agreed on a US$12m financing support to Suriname to enhance access to credit for micro,…

#Amazon#bank#guarantee


EBRD strengthens support for small businesses in Egypt

The European Bank for Reconstruction and Development (EBRD) is supporting the small and medium-sized enterprise (SME) sector in Egypt with…

#bank#exporters#international


ITFC and Asia Alliance Bank sign US$10m agreement to...

The International Islamic Trade Finance Corporation (ITFC) and Asia Alliance Bank have inked an agreement to bolster trade financing for…

#bank#international#management


FCI announces the 9th European Factoring Summit in Vienna  

Data from 2022 shows impressive growth in the European factoring market, with turnover reaching EUR 2.380bn, an increase of 19…

#bank#commercial finance#Deutsche Bank


UK Start Up Loan Scheme delivered £100m support to...

The next generation of business leaders have received over £100m worth of support from the Government backed Start Up Loan…

#bank#business finance#cash-flow


Värde commits US$1.3bn across ABL and private credit platforms...

Värde Partners, a leading global alternative investment firm specialising in credit and credit-related assets, yesterday announced that it committed US$1.3bn…

#bank#financial services#non-bank lenders


Finastra & Tesselate introduce Tegula: Simplified trade finance solutions...

Finastra, a global provider of financial software applications and marketplaces, and Tesselate, a global digital transformation consultancy and integrator, today…

#artificial intelligence#bank#blockchain


Zenith Bank and AGF forge partnership to boost MSME...

Zenith Bank (Ghana) and the African Guarantee Fund (AGF) have forged a strategic partnership to bolster funding accessibility for MSMEs…

#African Development Bank#bank#guarantees


IFC and Thai Credit Bank partner to support women-owned...

To help increase access to finance for small businesses in Thailand, especially women-owned or led firms, IFC is providing an…

#bank#emerging markets#interest rates


WFY’23: ‘Czech factoring volumes reached again record levels’

The development of the Czech economy in 2022 was reflected in its GDP, which was only 2.5 per cent compared…

#bank#confirming#insolvency


CIBC promotes Brandon Barr as Head of Asset-Based Lending...

CIBC has promoted Brandon Barr (pictured) as Head of Asset-Based Lending Group. In his new role, Barr will be in charge…

#bank#CIBC#commercial finance

New appointments to UK Finance Board

UK Finance has today announced the appointment of Thierry d’Argent, CEO, Societe Generale UK; Saif Malik, CEO, UK, Standard Chartered;…

#ABN AMRO#bank#financial services

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