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Ewa Rose, a veteran executive of the trade credit insurance industry, has joined Bondaval, a provider of technology-enabled credit insurance solutions, as the Group Chief Underwriting Officer.
12/02/2024
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Zenith Bank (Ghana) and the African Guarantee Fund (AGF) have forged a strategic partnership to bolster funding accessibility for MSMEs in Ghana, with a focus on green and women-led businesses.
12/02/2024
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Bunq, the Dutch digital bank, has reached a significant milestone by achieving profitability in 2023. With this accomplishment under its belt, Bunq is now eyeing the Irish SME lending market, following its acquisition of Capitalflow.
12/02/2024
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Kimiwa Saddat has assumed the role of Managing Director (Current Charge) at Meghna Bank PLC, effective today, Sunday, February 11, 2024, until further notice. Saddat, who previously served as the Deputy Managing Director, has been with Meghna Bank PLC since 2019, according to a press release.
12/02/2024
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The United Kingdom has witnessed a significant uptick in the number of manufacturing firms setting Environmental, Social, and Governance (ESG) targets for their businesses, reflecting a global trend toward greater sustainability. According to a recent report from Make UK and Lloyds Bank, there has been a staggering 48% increase in the adoption of ESG targets by manufacturing firms since 2021.
12/02/2024
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Quasar Capital Partners (Quasar Capital) has announced the appointment of Tanya Fontenot as the new Vice President of Business Development. With over 17 years of experience in the finance industry, Tanya brings a wealth of knowledge and a proven track record of success in banking, factoring, and commercial finance.
09/02/2024
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To help increase access to finance for small businesses in Thailand, especially women-owned or led firms, IFC is providing an equity investment of up to US$23.8m (THB844m) as a cornerstone investor in an Initial Public Offering (IPO) of Thai Credit Bank Public Company Limited (Thai Credit).
09/02/2024
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The development of the Czech economy in 2022 was reflected in its GDP, which was only 2.5 per cent compared to 3.3 per cent in 2021, said Karel Nováček, Chairman of the Board of Directors and Chief Executive Officer, Factoring České spořitelny, a.s. in his article included in teh most recent edition of the World Factoring Yearbook.
09/02/2024
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CIBC has promoted Brandon Barr (pictured) as Head of Asset-Based Lending Group. In his new role, Barr will be in charge of providing strategic guidance on portfolio related issues and discovering new business segments, along with managing the whole ABL team.
08/02/2024
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The Foreign Trade Bank of Cambodia (FTB) has joined the Asian Development Bank’s (ADB) Trade and Supply Chain Finance Programme (TSCFP) to boost trade finance in Cambodia, especially for the country’s micro, small, and medium-sized enterprises (MSMEs).
08/02/2024
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UK Finance has today announced the appointment of Thierry d’Argent, CEO, Societe Generale UK; Saif Malik, CEO, UK, Standard Chartered; and Mickey Schiller, CEO, Leumi UK, to its Board, effective 8 February 2024.
08/02/2024
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Following several months of sustained growth, alternative finance lender, Time Finance, has announced a record lending book of £188.6m for the six months ending November 2023, representing a 23 per cent increase on the previous 12 months.
07/02/2024
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Supply chain financing platform Cashinvoice has raised US$3.4m (INR 28.2 crore) in a Series A funding round. The funding round was co-led by Accion Venture Lab, Pravega Ventures and HDFC Bank.
07/02/2024
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Finverity, the trade and supply chain finance digital ecosystem, today announced significant changes to its executive team, providing the company with operational excellence as it prepares for its next growth phase.
07/02/2024
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Surecomp today announced that Commerzbank AG, the leading trade finance bank in Germany, has chosen to deploy its DOKA-NG™ solution for back-office trade finance processing across multiple entities. The decision follows a lengthy evaluation, with the bank selecting Surecomp for its strong market position, extensive global customer community and commitment to driving collaborative and open API-based digital trade finance transformation.
07/02/2024
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