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SBCI lending reaches EUR45m

Over 1,600 small- and medium-sized businesses have drawn down a combined EUR45m from the Strategic Banking Corporation of Ireland in its first four months in operation (more…)

#bank#bank loan#banks

Surecomp earns SWIFT Certification

Surecomp – the global provider of trade finance solutions for banks and corporations – has announced that IMEX (its high-volume…

#awards#banks#compliance


AFC Russia gains new member

MDM Bank has joined The Association of Factoring Companies Russia as a full member. It has been working in the…

#bank#banking services#banks


UK businesses turning to invoice discounting

Figures published by the Bank of England (BoE) showed a fall of GBP5.5bn in outstanding lending to non-financial businesses –…

#bank#Bank of England#banks


Bibby provides SME funding boost

Bibby Financial Services (BFS) has developed relationships with 130 SMEs since establishing itself in Birmingham towards the end of 2014…

#banks#financial services#funding


Interest rates to be reduced by half for a...

In Peru, the Law for Strengthening Factoring will allow interest rates - set by banks for credit requested by micro,…

#banks#interest rates#Paid


DOKA 5 awarded 2015 SWIFT accreditation

Surecomp – the global provider of trade finance solutions for banks and corporations – announced today that DOKA 5 (its…

#awards#bank#banks


PFA: factoring volumes rise by 18.9% y/y

The Polish Factoring Association (PFA) has revealed the figures for the first half of 2015. Factoring companies and banks, and…

#banks#commercial finance#ING


Eurofactor AG changes legal form and re-brands

The legal form of Eurofactor AG has been changed and the company renamed as Eurofactor GmbH (more…)

#bank#banks#Clear


Lending to SMEs predicted to deliver highest margin growth

Lending to SMEs is expected to deliver the highest margin growth for banks out of any of their main product…

#banks#economy#small business


Simon Featherstone on the importance of the FCI/IFG merger

At the recent FCI annual general meeting in Singapore last month, FCI members voted in favour of unification of FCI…

#banks#crisis#financial services


Russian AFC members’ half year turnover over RUB600bn

The Association of Factoring Companies (AFC) in Russia has published the preliminary results of the business development of its members…

#bank#banks

Next Capital seek to acquire GE Capital’s debtor finance...

It has been speculated in The Australian that Next Capital – which owns debtor finance provider Scottish Pacific – is…

#3M#banks#interest

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