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VTB’s market share in Far East exceeds 80%

According to the Russian Association of Factoring Companies (AFC), in the first six months of 2016, VTB Factoring’s turnover in the Far East amounted to RUB6.3bn - an increase that more than doubled compared to the same period in 2015...

#risk#risks

Demica appoints chief technology officer

Demica has announced that it has appointed Daniel Kustrin as chief technology officer (more…)

#management#receivables#risk


Bibby Canada provides factoring facility

Bibby Financial Services Canada (BFS) has announced that it has provided a combined $2.5m non-notification factoring facility to... (more…)

#financial services#funding#receivables


Afreximbank approves $83m for African factors

Kanayo Awani, Managing Director of Afreximbank’s Intra-African Trade Initiative, has announced that Afreximbank has approved $83m for African businesses engaged…

#bank#international#risk


FCI & EBRD’s International Factoring Workshop

FCI, in cooperation with EBRD, is hosting a Practical Workshop on International Factoring in Frankfurt, Germany on 21 September –…

#conference#international#international factoring


Invoice finance platform launching

MarketBills, an invoice finance platform, is soon to go public and the company reports that it aims to solve SMEs/MSMEs’…

#invoice#platforms#risk


BNP Paribas Commercial Finance strengthens management team

Tim Corbett, Managing Director of BNP Paribas Commercial Finance, has today announced the strengthening of his management team. (more…)

#bank#commercial finance#international


FCI Annual Meeting in South Africa

FCI has announced that it is currently inviting Members and selected observers to its 48th Annual Meeting, 23-29 October in…

#FCI Annual Meeting#receivables#risk


Afreximbank partners with Export-Import Bank of China

Afreximbank has announced that it has partnered with the Export-Import Bank of China and they have signed a cooperation agreement…

#bank#Bank of China#Benedict Oramah


HPD Software launches construction finance solution

HPD Software, a provider of IT solutions to factors, invoice discounters and asset based lenders, has launched Aquarius Construction Finance…

#banks#Clear#invoice


Bibby launches specialist apprenticeship scheme

Bibby Financial Services (BFS), has announced that it has launched an apprenticeship scheme to find new talent for roles in…

#compliance#financial services#risk


Peer-to-peer invoice finance platform launches

Capital Springboard has announced that it has launched a peer-to-peer invoice financing platform (more…)

#investment#invoice#risk

Afreximbank to partner with Belarus

Afreximbank has announced that it is ready to set aside $400m as part of a programme to finance and promote…

#bank#banks#Benedict Oramah

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