All articles by Alejandro Gonzalez

Metro Bank operating at the edges of its capital requirements

Asset finance new business grew by 19% in August 2023

YoY business new car finance and commercial vehicle finance sectors reported new business up in August by 94% and 12% respectively.

Paragon’s Phillipou is the new FLA Chair as Rebecca McNeil steps down

Large European banks well-placed to face muted economic outlook

Most of the 20 large banks reported 1H 2023 operating profit/risk-weighted asset ratios well above their 2019–2022 averages.

Alfa unveils Alfa Systems 6

Investment Fund for Scotland launch provides £150m boost for SMEs

Fund includes loans from £25,000 to £2 million earmarked for small businesses.

HSBC and Lloyds included in Which? ‘red’ warning of UK banks with poor green credentials 

HSBC, one of the UK’s top asset finance banks, is one of the biggest backers of fossil fuels in the UK.

Adaptation is not an option, it is an imperative: Paragon’s Phillipou

At the FLA’s yearly conference ‘Insight 2023’ John Phillipou, the MD of SME Lending at Paragon Bank, addressed a breakout session on ‘Exploring New Business Models in Finance Companies’ with the following remarks.

Explainer: What is supply chain finance?

Supply chain finance offers a way for companies to improve their cash flow and working capital, according to the British Business Bank in this explainer.

Carrick Asset Finance notches up 5 years

The provider currently manages a book of over £70m and has provided almost £200m in SME financing across the UK.