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The EBRD and the United States of America have joined forces to respond to the impact of the war on Ukraine. With a contribution of US$ 500 million to the EBRD Crisis Response Fund, the USA is confirming its strong commitment to support Ukraine through the Bank’s Resilience and Livelihoods Framework.
28/07/2022
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LiquidX, one of the global leaders in working capital, trade finance and insurance technology, has announced it had partnered with First Abu Dhabi Bank (FAB) to further expand its global funder network.
28/07/2022
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Finverity, a mid-market supply chain finance platform focused on emerging markets, and FIMBank, a provider of trade finance, factoring, and forfaiting solutions, have partnered to improve supply chain finance (SCF) and factoring solutions to mid-market companies globally.
27/07/2022
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Wells Fargo & Company announced Mary Katherine DuBose as the head of the bank’s secured lending division that includes asset-based lending, equipment finance, supply chain finance, and inventory finance. DuBose reports to Kyle Hranicky, Chief Executive Officer of Wells Fargo Commercial Banking.
26/07/2022
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Bibby Financial Services (BFS) has increased its funding support for MPL Home – a multi-disciplined business supplying goods such as textiles, electricals and branded goods to some of the world’s biggest retailers – to support the acquisition of another business.
26/07/2022
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Securitisation volume originated by Micro Finance Institutions (MFIs) stood at about Rs 3.5bn (£36.5m) in the first quarter of fiscal 2023 as against Rs 1.5 bn (£15.6m) a year ago, a report by Icra, Indian independent credit rating agency, said on Monday.
26/07/2022
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EFG Hermes Holding announced today the transfer of Walid Hassouna from his position as CEO of the firm’s Non-Bank Financial Institutions (NBFI) Platform to focusing solely on managing and driving forward Egypt’s leading buy-now, pay-later (BNPL) lifestyle-enabling fintech platform valU.
26/07/2022
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CIT, a division of First Citizens Bank, announced Tony Cheng will now be serving as Vice President, Client Service Officer in its Commercial Services business.
26/07/2022
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Kevin Day, CEO of Lendscape discusses the relationship between trust, data and user experiences in his article for the World Factoring Yearbook 2022.
25/07/2022
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German operator Deutsche Telekom and Commerzbank have partnered to develop digital supply chain systems with integrated financial services which use 5G, AI, IoT, blockchain, sensors and cloud technology.
25/07/2022
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