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Abu Dhabi Department of Finance has launched a supply chain financing initiative worth USD 1.6 billion to increase liquidity for small and medium-sized enterprises (SMEs).
Abu Dhabi, SCF, trade finance, SMEs, finances, COVID-19, First Abu Dhabi Bank, guarantee
The UK government has announced that it will offer extra financial help to businesses to help them cover their costs after Brexit.
UK, government, trade finance, SCF, Brexit, trade, loans, EU, UKEF, guarantee, lenders, banks
Commerzbank has been backed up by the EIB Group to lend up to EUR 500 million to small and mid-sized businesses in Germany in response to COVID-19.
Commerzbank, Germany, COVID-19, EFSI, guarantee, Investment Plan for Europe, EIB, EIF, SMEs
Starling Bank, UK, BBL, Bounce Back Loans, SME, guarantee, loans, digital bank, coronavirus, Coronavirus Support Scheme, Connected Cards, interest holiday, arranged overdrafts, spare card
TSB has planned to unveil a ‘fraud refund guarantee’ in order to ensure its 5.2 million customers are reimbursed in full if they are an innocent victim of a scam.
TSB, refund, guarantee, fraud, victims, scam, bank fraud, UK, banking, fraudsters, transactions , payments , cybersecurity