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Alisa Bank and PURO Finance have agreed on a...

The Board of Directors of Alisa Bank Plc (Alisa Bank) and the shareholders of PURO Finance Ltd (PURO Finance) have agreed on the combination of the companies through a share exchange, upon the completion of which Alisa Bank acquires PURO...

#bank#banks#digital

EIB Group and Erste Bank join forces to provide...

EIB Group synthetic securitisation will enable Erste Bank to lend up to €196m to small and mid-sized businesses in Austria.The transaction…

#bank#EIF#guarantees


HKMA introduces nine measures to support SMEs

The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…

#bank#management#SME financing


Afreximbank bids farewell to long serving FCI Secretary General...

The Africa Export-Import Bank (Afreximbank) has bid farewell to Peter Mulroy, the long serving Secretary General of FCI who has…

#alternative financing#bank#regulation


Czech Flowpay raises €2.1m seed round to expand AI-powered...

Flowpay, a Czech fintech leveraging predictive AI models and embedded finance to assist SMEs in accessing operational funding, has secured…

#AI#bank#e-commerce


South Korea announces $190bn boost in trade insurance to...

The Ministry of Trade, Industry, and Energy has declared an unprecedented injection of KRW255tn (US$190bn) into trade insurance this year,…

#exports#guarantees#smes


Latam trade finance platform raises US$12m new funding

Marco, a Latam trade finance platform for SME exporters, has announced the successful closure of a US$12m Series A funding…

#bank#exporters#smes


Taulia: Over half of the businesses say they are...

More than half (51 per cent) of businesses say they are paid late on average, according to a survey conducted by Taulia,…

#management#payment practices#receivables


EBRD and NLB Komercijalna Banka aid SMEs in Serbia

The European Bank for Reconstruction and Development (EBRD) is further supporting access to finance SMEs in Serbia, by commencing cooperation…

#bank#international#small business


EBRD extends €8m loan to support female entrepreneurship in...

Women-led micro, small and medium-sized enterprises (MSMEs) in Georgia are to benefit from fresh funds, thanks to a loan by the European…

#bank#international#risk


ProCredit secures US$4.1m pre-seed round to bolster SME lending...

ProCredit, a Philippines-based SME lender, has successfully concluded a US$4.1m pre-seed round. Integra Partners led the investment, with participation from…

#bank#emerging markets#management


Bridging the SME funding gap: World Bank’s initiative in...

Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…

#bank#digital#SME lending

Bahrain Development Bank launches invoice discounting  

Bahrain Development Bank (BDB) has launched its invoice discounting scheme, to support small and medium sized companies (SMEs) to bridge the…

#bank#invoice#liquidity

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