Credit line

Eni signs a new line of credit related to sustainable development of 6 billion euros – Eurasia Review

Eni announced on Thursday that it has signed a new five-year, five-year, revolving credit line of credit linked to sustainability, linked to two objectives of its “sustainability-related financing framework” updated in May 2022. The margin of the new line of credit is linked to the achievement of sustainability objectives relating to the Upstream Net Carbon […]

Credit line

IDB approves $1.14 billion line of credit to Argentina to decarbonize its energy sector

IDB PRESS RELEASEJuly 27, 2022 The Inter-American Development Bank (IDB) has approved a $1.14 billion conditional line of credit for investment projects aimed at decarbonizing Argentina’s energy sector. The IDB Group remains committed to supporting Argentina’s development agenda with projects that have a direct development impact. Under the line of credit, the IDB authorized initial […]

Credit risk

ECGC launches new program to provide up to 90% export credit risk insurance coverage for small exporters

Trade, import and export for MSMEs: Export credit provider Export Credit Guarantee Corporation of India (ECGC) has launched a new scheme to insure up to 90% of credit risk in export finance, supporting small exporters by encouraging banks to provide more export credit in a context of global economic uncertainty. Risk coverage, provided by banks […]

Credit provider

Customer demand fuels positive credit provider results

Unsecured consumer credit provider International Personal Finance (IPF) made pre-tax profits of £33.8m (H1 2021: £43.3m) in the six months to June 30, 2022. Underlying pre-tax profit for the Leeds-based business in the first half of the year increased by 45%, after excluding reversals of Covid-19 impairment provisions in the first half of 2021 of […]

Credit line

StashFin launches new line of credit card exclusively for women

Neo-banking platform Stashfin has introduced #LiveBoundless – a line of credit card exclusively for women. On the heels of new value propositions on its line of credit cards, the platform is bringing the #LiveBoundless card which aims to give more financial freedom to women. Counted among India’s leaders in the neo-banking space, Stashfin’s #LiveBoundless card […]

Financial credit

July 27 – Design Collaborative working on 3 Fort Financial Credit Union locations | New

Design Collaborative is part of the design of not two, but three new locations for Fort Financial Credit Union in Fort Wayne. Two new branches are under construction, as well as a head office with an integrated branch. The two retail locations are very similar, each around 2,300 square feet. The locations will have teller […]

Financial credit

JM Financial Credit Solutions Autonomous Net Income Increases 9.49% in June 2022 Quarter

Sales fall by 3.75% to Rs 272.12 crore JM Financial Credit Solutions‘ net profit increased by 9.49% to Rs 57.78 crore in the quarter ended June 2022 from Rs 52.77 crore in the previous quarter ended June 2021. Sales declined by 3.75% to Rs 272.12 crore during the quarter ended June 2022 […]

Credit risk

Global Credit Risk Management Platform Market Analysis with IBM, Oracle, SAP, SAS, Experian | Achieve good valuation as discussed in new report

” A2Z Market Research has published a new research report on the Global Credit Risk Management Platform Market covering the micro-level of competitor analysis and major business segments (2022-2027). The global Credit Risk Management Platform market report explores in-depth study on various segments like opportunity, size, development, innovation, sales and overall growth of key players. […]

Financial credit

Cornerstone Financial Credit Union Appoints Lumin Digital as Enhanced Digital Banking Partner

SAN RAMON, Calif., July 21, 2022 /PRNewswire/ — digital light today announced that Tennessee-based Cornerstone Financial Credit Union has signed a multi-year agreement for Lumin Digital’s cloud-based online and mobile digital banking platform. Lumin will support Cornerstone’s more than 45,000 members and $550 million of assets when the platform was launched in January 2023. A […]

Credit risk

BUNKER JOBS: Geoserve Energy Transport is looking for a Credit Risk Manager in Dubai

Geoserve Energy Transport recruits for the profile of Credit risk manager situated at dubai. Main responsibilities: Put in place/adjust if necessary a global risk management process for the organization, which includes an analysis of the financial impact on the company Assess, analyze and identify potential credit risks that affect various areas within the business, particularly […]

Credit line

End Min: CAF approved US$500 million credit line for Peru | News | ANDINA

approved a US$500 million contingent line of credit for fiscal sustainability and environmental issues in Peru. “It is based on what the public policy matrix is, to ensure fiscal sustainability and ensure the predictability of fiscal accounts,” he affirmed. The Cabinet member pointed out that this credit line has a second component which is related […]

Credit line

Fin Min: CAF approved $500m line of credit for Peru | News | ANDEAN

approved a US$500 million conditional line of credit for fiscal sustainability and environmental issues in Peru. “It is based on what the public policy matrix is, to ensure fiscal sustainability and ensure the predictability of fiscal accounts,” he said. The Cabinet member pointed out that this line of credit has a second component which is […]

Credit line

Centenary Bank obtains Sh100 billion line of credit from Proparco

Centenary Bank has received a 105 billion shillings line of credit and portfolio guarantees from Proparco in France, officials said. Proparco is a subsidiary of the French Development Agency (AFD) dedicated to private sector development. Talk to New Vision on July 18, Godfrey Byekwaso, chief financial officer of Centenary Bank, said the support will be […]

Credit risk

Credit Risk Management Software Market Size | Share | Trends | Growth | Scope | Outlook | Opportunities

Get a sample report Buy the full report New Jersey, United States,- The Global Credit Risk Management Software Market The study provides a comprehensive review of the market throughout the projection period. The study covers a variety of sections along with an analysis of events and factors that are likely to play an important role […]

Credit line

Uniper seeks to extend $2 billion state credit line

The Uniper logo is seen outside the company’s headquarters in Duesseldorf, Germany, July 8, 2022. REUTERS/Wolfgang Rattay Join now for FREE unlimited access to Reuters.com Register Uniper maximizes its €2 billion credit line Proposes to pass on costs, government involvement to stabilize business Ongoing talks with Germany and Finland Bailout decision could come this week […]

Credit risk

Credit Risk Scoring Software Market Futures Huge Business Opportunities by 2032

The growth of credit risk scoring software The market is supported by factors such as expansion of application portfolio, efforts of market players through innovation and geographical penetration, etc. The strategic links between players in the industry ecosystem make the market more dynamic. The credit risk scoring software market is expected to grow steadily over […]

Credit line

A2Z Smart Technologies extends existing line of credit with manufacturing partner Acromatis

TEL AVIV, ISRAEL /ACCESSWIRE/July 14, 2022/ A2Z Smart Technologies Corp. (NASDAQ: AZ) (TSXV: AZ), today announced the extension of its existing line of credit with Acromatis, a manufacturing partner for the company’s Cust2Mate smart carts. The expanded line of credit will enable the manufacture of an additional 5,000 of the company’s Gen 2.5 and Gen […]

Financial credit

The Los Angeles Rams to Host Training Camp Presented by UNIFY Financial Credit Union at UC Irvine July 29-August 10

July 30 for Back together Saturday and Subscriber Appreciation Day, fans will hear from Rams head coach Sean McVay and season ticket members and SSL holders in attendance will receive an exclusive Rams-themed license plate frame upon entry. Fans will also enjoy stage entertainment with Rams Cheerleaders, Rampage and a Rams legend. Jersey rally towels […]

Credit risk

PGGM and Alecta Sign €2.1 Billion Credit Risk Sharing Agreement with German Bank | New

PGGM and Alecta have entered into another credit risk sharing agreement with a financial institution. This time, the pair’s partner institution is the Landesbank Hessen-Thüringen Girozentrale (Helaba). The two retired investors took default risk on a €2.1 billion corporate loan portfolio initiated by Helaba. This is the first transaction under Helaba’s new credit risk sharing […]

Financial credit

TruMark Financial Credit Union supports United Way of Bucks County – theportonline

FAIRLESS HILLS – TruMark Financial has donated $7,500 to United Way of Bucks County as part of the credit union’s community outreach initiative, Concern for Community. TruMark Financial launched Concern for Community in response to the COVID-19 pandemic. Each month, the caisse selects different organizations to receive the resources needed by their clients. Eric Drab, […]

Financial credit

Dort Financial Credit Union Welcomes New Vice President of Lending | News for Fenton, Linden, Holly MI

Dort Financial Credit Union has announced the hiring of Sharon Lobo as Vice President of Lending. Lobo joined the credit union’s leadership team on May 31. In her new role, she will oversee all lending and member solutions activities. She will work alongside senior management to determine a multi-year strategy and focus on target markets […]

Credit risk

Geopolitical unrest leads to increased credit risk: Moody’s

“Geopolitics can disrupt economic, financial, institutional and political stability and can directly affect credit,” Kelvin Dalrymple, vice president and chief credit officer at Moody’s, said in a statement. Moody’s said credit risks were rising in several key areas due to increased fragmentation, including trade disruption, security coordination, cross-border financial issues, climate change policy and migration […]

Credit risk

Soaring Inflation Prompts USMCA Firms to Strengthen Customer Credit Risk Management, Atradius Survey Finds

As inflation soars higher, increasing pressure on their liquidity and borrowing power, USMCA companies are tightening credit risk management to protect their profitability in the coming months AMSTERDAM, July 6, 2022 /PRNewswire/ — The impact of the alarming spike in inflation on businesses, and the resulting need to take steps to protect their profitability and […]

Credit risk

Soaring Inflation Prompts USMCA Firms to Strengthen Customer Credit Risk Management, Atradius Survey Finds

As inflation soars higher, increasing pressure on their liquidity and borrowing power, USMCA companies are tightening credit risk management to protect their profitability in the coming months BALTIMORE , July 6, 2022 /CNW/ — The impact of the alarming spike in inflation on businesses, and the resulting need to take steps to protect their profitability […]

Credit line

A2A S p A: , new Sustainability-Linked credit line with ESG objectives

A2A, new Sustainability-Linked credit line with ESG objectives Initiative highlights progress towards goals 8, 3, 5, 1, 10 of the UN 2030 agenda Milano, 5e July 2022 – A2A signed a contract worth 410 million euros over 3 years Linked to sustainability Revolving credit facility, linked to the achievement of three social and governance objectives. […]

Credit line

BlockFi Secures $400M Line of Credit Amid Crypto Turmoil

By Elise Hansen (July 1, 2022, 4:23 p.m. EDT) — Cryptocurrency platform BlockFi said Friday it has reached an agreement for a $400 million revolving credit facility and potential acquisition by the FTX US cryptocurrency exchange, as the digital asset industry continues to feel the effects of the market downturn. The latest deal follows an […]

Credit line

BlockFi Secures $400M Line of Credit Amid Crypto Turmoil

By Elise Hansen (July 1, 2022, 4:23 p.m. EDT) — Cryptocurrency platform BlockFi said Friday it has reached an agreement for a $400 million revolving credit facility and potential acquisition by the FTX US cryptocurrency exchange, as the digital asset industry continues to feel the effects of the market downturn. The latest deal follows an […]

Financial credit

Arizona Federal changes name to Arizona Financial Credit Union

Arizona Federal Credit Union announced today that it is officially changing its name to Arizona Financial Credit Union, effective July 1, pursuant to its conversion from a federally chartered credit union to a state chartered credit union. As part of a state charter amendment, the credit union is required to drop the word “federal” from […]

Credit line

IFC announces $150 million line of credit, focused on African solar – pv magazine International

Egypt’s Elsewedy Electric, which has developed solar and storage projects on its continent, has secured a new financial package, according to International Finance Corp. July 1, 2022 max room A Daystar Power C&I solar installation in West Africa. Picture: Daystar Power International Finance Corp. (IFC) announced a loan of 150 million dollars to the Egyptian […]