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Coronavirus

Coface: The outlook for 2022

Christiane von Berg, Coface economist for Northern Europe based... (more…)

#Coronavirus#COVID#COVID-19

Despite pandemic ‘Czech factoring turnover remained flat’ in 2020

The Czech economy was in recession in 2020, caused by the global pandemic and its negative macroeconomic impacts... (more…)

#bank#Coronavirus#liquidity


Close Brothers loan book up 9.6% in 11 months

Despite Covid-19, Close Brothers Group PLC reported a significant rise in its loan book... (more…)

#bank#Coronavirus#COVID


Funding Circle becomes first P2P lender accredited for RLS

Funding Circle is the first peer-to-peer lending platform approved by... (more…)

#bank#British business#CBILS


Coface reports on China and Australia’s trade relationship

The China-Australia bilateral relationship deteriorated sharply over 2020... (more…)

#Coronavirus#exports#risk


Scots firms encouraged to tap into government lending

Businesses in Scotland are missing out on a government loan scheme that could help ease... (more…)

#cash-flow#Coronavirus#guarantees


UK government extends Covid-19 support schemes ahead of lockdown

The government has extended applications for its Covid-19 support schemes and the future fund to 31 January 2021 ahead of…

#bank#British business#commercial finance


Two in five UK SMEs anticipate losses this year

Two in five small and medium-sized enterprises (SMEs) anticipate chalking up... (more…)

#Coronavirus#COVID-19#e-commerce


Egyptian FRA approves licence for new factoring player

...has launched its first company... with a paid-in capital of... (more…)

#Coronavirus#digital#digitisation


UK credit rating downgraded by Moody’s amid growth concerns

Credit ratings agency Moody’s has downgraded Britain’s credit status, citing a decline in... (more…)

#Coronavirus#interest rates#international


OakNorth loans Ultimate Finance £20m to bolster its SME...

Digital bank OakNorth and alternative lender Ultimate Finance have closed... (more…)

#bank#CBILS#Coronavirus


Sedulo Funding Solutions completes landmark deal

Sedulo Funding Solutions has reached a landmark by completing its... (more…)

#banks#Coronavirus#funding

S&P Global Ratings: Credit conditions in Europe – curve...

According to a recent report by S&P Global Ratings, Europe’s financial institutions are... (more…)

#bank#banks#Coronavirus

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