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Virgin Money has introduced the Mobiliser Fund, aimed at supporting small and medium-sized enterprises (SMEs) in adopting sustainable business practices. This fund seeks to allocate 20 per cent of Virgin Money’s business lending portfolio, or £9.3bn as of March 2024,...
#ESG#sme finance#sustainability
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are increasing support for green economy investments…
#EBRD#esg finance#sme finance
Absa has successfully secured a US$150m facility from British International Investment (BII) plc as part of its mission to help…
#ABSA#BII#sustainability
Atradius, one of the UK’s leading trade credit insurers, has revealed a 38 per cent drop in claims for late…
#Atradius#decarbonisation#geopolitical challenges
Standard Chartered has launched of the sustainable finance variants of Borrowing Base Trade Loans (BBTL). The solution will be available…
#ESG#receivables#Standard Chartered
The International Chamber of Commerce (ICC) has introduced the Principles for Sustainable Trade Finance (PSTF) during Sibos 2024 in Beijing.…
#ICC#supply chain finance#sustainability
EET Fuels, owner of the Stanlow refinery, confirms it has successfully agreed US$650m in receivable financing and trade credit financing…
#ABN AMRO#EET Fuels#ESG
Asda has introduced a new sustainability-linked feature to its voluntary supply chain finance programme in partnership with HSBC UK, offering…
#ESG#supply chian finance#sustainability
Finastra today announced the appointment of Andrew Bateman in the role of EVP, Lending. Andrew is responsible for the leadership…
#Andrew Bateman#financial services#Finastra
Investment Bank of Türkiye (TKYB) and the International Islamic Trade Finance Corporation (ITFC) have signed a US $100m financing agreement…
#ITFC#supplier finance#sustainability
CIMB Singapore has introduced the SME Sustainability-Linked Loan/Financing Programme (SME SLL/SLF Programme) to provide SMEs with easier access to sustainable…
#ESG#sme finance#SME lending
eCapital Corp. (“eCapital”), a leading finance provider across North America and the United Kingdom, today announced the funding of a…
#commercial finance#confidential factoring#eCapital
IFC is investing US$150m in TBC Bank, Georgia's largest bank, to boost access to finance for its small and medium…
#IFC#sustainability#TBC Bank