All articles by Lorenzo Migliorato
Lorenzo Migliorato
EIB extends €60m to German steelmaker for equipment update
The European Investment Bank has agreed a €60m loan to German steelmaker Hüttenwerke Krupp Mannesmann.
BoE to offer EU banks licence to operate through UK branches
The Bank of England will unveil post-Brexit plans to allow banks from the EU to operate in the UK under the same conditions as now, according to reports.
Lessors consortium pushes for interest-based FCA levies
A group of lessors intends to push for a change in how FCA fees are calculated when charging regulated firms.
UK Finance: Invoice finance and ABL advances hit £22bn record
Advances for ABL and invoice finance facilities to UK businesses hit £22bn in the three months to September – the highest quarterly figure on record.
UK Small Business Commissioner launches payment disputes resolution
The UK government has launched a payment disputes handling service for smaller firms, under responsibility of the newly-created Small Business Commissioner.
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STB provides £1.25m facility to MoD battery supplier
Secure Trust Bank has provided battery supplier and manufacturer Denchi Power with a £1.25m invoice discounting facility.
Credit Agricole aims to finance a third of France’s green projects
Credit Agricole has pledged to finance one in three renewable energy and energy efficiency projects in France by 2020.
MarketInvoice to originate deals for Investec amid p2p returns success
P2p finance platform MarketInvoice is to originate SME business for Investec’s commercial banking operations, handling underwriting and payment processing.
Meridian to offer petrol option as fleet users grow wary of diesel
Medium-term “mini-lease” provider Meridian has included petrol cars in its stock as it perceives fleet customers are growing wary of diesel.
Santander to buy Deutsche Bank’s SME banking business in Poland
Bank Zachodni, the Polish subsidiary of Spanish lender Banco Santander, has agreed to purchase the private banking and retail operations of Deutsche Bank Polska for €305m.