Weekly Receivables Finance News from BCR

TOP STORIES

ECI and EGAP sign agreement to expand trade credit insurance between UAE and Czech Rep.

Etihad Credit Insurance (ECI) and Export Guarantee and Insurance Corporation (EGAP) have announced their partnership to support the development of the economic relations between UAE and Czech Republic...

IFC partners with Li & Fung and LFX to support Asian SMEs with SCF

To help increase access to affordable supply chain finance for smaller enterprises in Asia and integrate greater digitalisation in supply-chain management, IFC today announced a partnership with Li & Fung, a leading global supply-chain services provider in the apparel and general merchandise industry...

?Fortress Factoring plans expanding in Europe

Vilnius-based Fortress Factoring, a tech startup providing factoring and supply chain finance to SMEs, has announced its plans to expand the local team to increase its client base in Central and Eastern Europe...

Generalfinance acquires 96% of Workinvoice

Generalfinance S.p.A. (Generalfinance) a company listed on Euronext STAR Milan and a financial intermediary specialised in factoring to SMEs, announces that has signed a contract for the acquisition of 96 per cent of the share capital of Workinvoice S.r.l. (Workinvoice), a leading operator and pioneer in the invoice trading market in Italy...

OTHER STORIES

• Vestel expands SCF with Faturalab collaboration
• NRG Energy expands securitisation facility to $2.3bn
• European Commission and EIB Group agree new €300m export credit guarantee facility for Ukraine
• Instant Factoring to expand support for Romanian micro and small companies with EIF loan
• City Bank Bangladesh acquires US$30m loan from OPEC Fund to support trade and green finance
• Mandula Moments:?AI and its use in receivables finance industry (Part 4)
• Credit Acceptance Corporation announces completion of US$550m ABF?deal?
• Citi Commercial Bank launches in Japan
• EBRD supports Intesa Sanpaolo Banka with €7m green finance for SMEs
• Marco delivers US$20m factoring facility for US exporter
• Bibby Financial Services comments on Bank of England interest rates release
• Atradius comments on UK political parties’ key business-related pledges
• CODIX strengthens security standards with ISO 27001:2022 certification
• LSQ creates US$3m AR facility for Florida-based internet service provider
• Triumph Financial and C.H. Robinson announce strategic partnership
• Time Finance appoints Head of Business Improvement