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Lloyds and BRAC Bank have completed a fully digital documentary collection for a garment shipment from Bangladesh to UK retailer Matalan, reducing a documentation process that typically takes around 40 days to less than one day in the completed transaction....
#Bangladesh bank#Brac Bank#digital promissory note
Commerzbank has completed its first letter-of-credit transaction using full electronic presentation of trade documents, working with Lloyds and Enigio on…
#Commerzbank#digital trade#Enigio
Lloyds Banking Group has completed three live tokenised deposit transactions under Project Agorá, advancing the banking industry’s effort to test…
#Bank for International Settlements#cross-border payments#foreign exchange
Lloyds Banking Group plans to provide more than £45bn of new finance directly to small and medium-sized businesses between 2027…
#Accelerate 2030#business banking#digital banking
UK business confidence fell in June, but companies with an international outlook remained more optimistic than domestically focused firms, according…
#business confidence#Lloyds#sme finance
Specialty re/insurer Convex Group has received approval to launch a Lloyd’s syndicate with a portfolio that includes political risk and…
#Convex#CPRI#Lloyds
Lloyds Banking Group has committed up to £2bn of trade finance support for UK exporters as businesses face an increasingly…
#export finance#Lloyds#smes
Nexus Underwriting (Nexus), a Brown & Brown group business, has today announced the expansion of its trade credit operations into…
#Brown & Brown#Lloyds#Nexus
Asda has introduced a new sustainability-linked supply chain finance (SCF) initiative in partnership with Lloyds, designed to incentivise environmental and…
#Asda#EcoVadis#Lloyds
Skipton Business Finance has appointed Dan Grainger as its new Regional Sales Director for the North West, reinforcing the company’s…
#Dan Grainger#Jim Furey#Lloyds
International SME financier, Bibby Financial Services (BFS), has renewed its securitisation arrangement for three years, boosting its funding capacity to…
#Bayern LB#Bibby Financial Services#HSBC UK Bank PLC