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Lloyds Banking Group has unveiled a £2bn trade finance commitment to support small and medium-sized enterprises (SMEs) and mid-corporate exporters in investing, scaling and expanding into international markets. This initiative forms part of the Group’s wider plan to make over...
#trade finance
UK banks have agreed an £11bn lending package to support British businesses to invest, grow and expand into international markets,…
#sme finance
The Financial Times (FT) reported that Lloyds Banking Group is preparing to close its invoice factoring service for small and…
#factoring
Global credit insurer Atradius has received final regulatory approval for its Lloyd’s Syndicate 1864 to begin underwriting business from 1…
#trade credit insurance
Lloyds Banking Group has appointed Amanda Murphy as chief executive officer of its business and commercial banking division, strengthening its…
Allianz has announced a strategic partnership with Oaktree Capital Management, L.P. (Oaktree). Oaktree will establish a new reinsurance syndicate at…
#insurance
Lloyds and WaveBL, a blockchain-based platform for digital trade documents, have successfully completed a digital letter of credit (LC) transaction.…
#digitalisation
Satago Financial Solutions Limited ("Satago") has announced that Lloyds Bank plc ("Lloyds Banking Group" or the "Bank") has decided to…
#bank#invoice#Lloyds Bank
Lloyds Bank has completed its first transaction using an electronic Bill of Lading (eBL) on the WaveBL trade documentation platform,…
#eBL#Enigio#Lloyds Bank
Lloyds Bank has become the first UK bank to join the WaveBL electronic trade documentation platform, unlocking new trade efficiencies…
#eBL
Sonovate, the leading provider of finance and payment solutions for the contingent workforce... (more…)
#Lloyds Bank#Richard Prime#securitisation
Lloyds Bank is enabling corporate customers to request digital Guarantees or Standby Letters of Credit under a new 'Paperless Guarantee'…
#digitalisation#ETDA#guarantees
Lloyds Banking Group has invested €3m in technology company Enigio to expand its use of digital documentation in trade.The €3m…
#digitalisation#electronic documents#Enigio