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Lloyds Banking Group has completed three live tokenised deposit transactions under Project Agorá, advancing the banking industry’s effort to test whether digital representations of commercial bank money can simplify wholesale cross-border payments. The transactions involved sterling, Swiss francs and euros...
#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