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News
Albatross Lending Group launches eight commercial finance products
4+ hour, 26+ min ago (333+ words) Albatross Lending Group has enhanced its commercial lending proposition with eight new finance products. Facilities range from £50,000 to £8m, with terms of up to 36 months available on selected products. Jordan Fearnley-Brown (pictured, left), co-founder and principal at Albatross Lending Group, said:…...
Mercantile Bank, BB ink deal to boost SME financing
3+ hour, 15+ min ago (178+ words) Mercantile Bank PLC has signed a participation agreement with Bangladesh Bank under the central bank’s Tk 5,000 crore CMSME Working Capital Refinance Fund, aimed at disbursing loans to cottage, micro, small and medium enterprises (CMSMEs) at low interest rates and on…...
Cornerstone Commercial Finance Strengthens Senior Team with New Appointment
6+ hour, 3+ min ago (370+ words) Cornerstone Finance was created to provide our customers with market-leading advice on financial products including mortgages, life insurance and loans of all types. Helping you to find the right mortgage, loan, or finance is our passion. Cornerstone Commercial Finance has…...
WB plans disbursing $2.03b soft credit to BD
9+ hour, 27+ min ago (493+ words) The World Bank plans to disburse US$2.03 billion to Bangladesh from its low-cost financing-arm International Development Association (IDA) in the current fiscal year, officials have said.The plan was discussed earlier this month when a team of the Washington-based multilateral…...
SOUTHEAST BANK JOINS WORKING CAPITAL REFINANCE FUND FOR CMSME
9+ hour, 27+ min ago (25+ words) The Financial Express SOUTHEAST BANK JOINS WORKING CAPITAL REFINANCE FUND FOR CMSME Share if you like...
Cerenome Secures Up To $20 Million Financing Facility From 3i Fund
15+ hour, 28+ min ago (264+ words) Cerenome has entered into a financing agreement with 3i, LP for a senior secured facility of up to $20 million with royalty-based repayments, providing additional capital for the commercialization and development of its CNS oncology platform. The company received an initial tranche…...
Franklin Electric Acquires Cat Pumps in $400M Deal
9+ hour, 37+ min ago (156+ words) Franklin Electric itself is no small operation. Founded in 1944 and headquartered in Fort Wayne, Indiana, the company manufactures water and fuel pumping systems across three main segments — Water Systems, Energy Systems, and Distribution — and trades on NASDAQ under the ticker…...
Alramz obtains SAR 500M credit facilities from Al Rajhi Bank
21+ hour, 28+ min ago (185+ words) Logo of Alramz Real Estate Co. Alramz Real Estate Co. said it obtained Shariah-compliant credit facilities worth SAR 500 million from Al Rajhi Bank. The loan is divided into two tranches: Facility A valued at SAR 450 million with a five-year tenor,…...
Southeast Bank signs deal with BB to refinance CMSME working capital
11+ hour, 8+ min ago (121+ words) Southeast Bank PLC has signed an agreement to participate in Bangladesh Bank’s Tk 5,000 crore Working Capital Refinance Fund for CMSMEs to promote employment generation and foster sustainable development. Under the scheme, Southeast Bank will facilitate working capital financing at a…...
Gulf Insurance Renews Credit Facilities Agreement With Local Bank For 157.4 Mln Dinars
16+ hour, 59+ min ago (27+ words) TradingView Gulf Insurance Renews Credit Facilities Agreement With Local Bank For 157.4 Mln Dinars...