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Commercial Credit News
Rob Nichols Named New ABA President and CEO
Thursday, 28 May 2015

WASHINGTON – The American Bankers Association (ABA) Board of Directors announced today that it has unanimously selected Rob Nichols as the ABA’s new President and CEO. Nichols, a former Senate confirmed Treasury Department official, currently heads the Financial Services Forum.

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ABA Statement on yesterdayís Senate Banking Committee Markup
Friday, 22 May 2015

Frank Keating, The American Bankers Association (ABA) president and CEO, said: “We applaud the Senate Banking Committee for passing the Financial Regulatory Reform Act of 2015, which would provide much-needed regulatory relief to banks of all sizes.  This bill is a significant step toward removing many of the statutory and regulatory barriers that constrain banks’ ability to serve their customers and meet the needs of their local communities. 
 


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Bank BGZ BNP Paribas Boosts Customer Service and Interaction With Aptean Pivotal CRM
Tuesday, 19 May 2015

Aptean customer Bank BGZ BNP Paribas is a member of BNP Paribas, a leading international banking group. It is a universal bank, listed on the Warsaw Stock Exchange, that offers savings and investment products and a wide range of loans to its individual customers, while offering businesses (micro enterprises, SMEs and corporations) solutions for financing operations in both Polish and international markets.

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Grosvenor invests in new headquarters in York
Thursday, 30 April 2015

Specialist York IFA Grosvenor Financial Consultants is celebrating a new chapter in the firm’s growth with a move to a new head office on Amy Johnson Way at Clifton Moor in the city.

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Tieto acquires Cerdo's savings and payments services
Wednesday, 22 April 2015

Tieto is acquiring Cerdo Bankpartner's services in administrative payments and savings for the banking and financial sector.

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SMEs and entrepreneurs need to diversify their funding amid continued credit constraints, says OECD
Friday, 17 April 2015

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they  need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.

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Professor NoŽl Amenc Steps Down as Director of EDHEC-Risk Institute
Tuesday, 14 April 2015

London, Nice, Singapore, April 14, 2015 - On the occasion of the EDHEC-Risk Days conference, which took place in London on March 24 and 25, 2015, Tomas Franzén, Chief Investment Strategist with the Swedish national pension fund AP2 and chairman of EDHEC-Risk Institute’s International Advisory Board, announced the resignation of Professor Noël Amenc from his role as Director of EDHEC-Risk Institute.

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Essar Oil (UK), Selects Aspect's Energy Trade And Risk Management Solution
Monday, 13 April 2015

The Indian refining and marketing giant subsidiary, Essar Oil (UK) Limited, has selected Aspect's energy trading and risk management solution, AspectCTRM to help optimize its European refinery-related trading, supply and risk management activities.

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Tieto provides International Card Services with new application for management of credit cards
Monday, 30 March 2015

Tieto and International Card Services (ICS), the largest credit card issuing business in the Netherlands, have extended their partnership to include the development of a new application for management of  ICS commercial credit cards. With Tieto’s Card Services, ICS will be able to tailor product offerings both to small, medium and large corporations, as well as simplify and improve the customer service.

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CTP and pbb Deutsche Pfandbriefbank Sign EUR 132 Million Financing Transaction at MIPIM 2015
Tuesday, 10 March 2015

CANNES, France, March 10, 2015: On 10th March 2015, CTP and new financial partner pbb Deutsche Pfandbriefbank executed a EUR 132 Million financing for the premium property, CTPark Bor. The deal includes a portfolio of existing buildings, as well as a line of financing for extension of the park in the future.

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GFKL Renews Service Contract with Leading Online Fashion Retailer Zalando
Thursday, 26 February 2015

Essen, 26. February 2015: GFKL Financial Services AG (GFKL), one of the leading corporate groups for receivables management in Germany, renewed its contract with long-time customer Zalando SE at the start of the year. The collaboration with Zalando, one of the leading online fashion retailers in Europe, has been in place since 2012. The open-ended framework agreement involves handling a revolving service portfolio. Thanks to the positive development of the partnership, the scope of the transferred receivables was increased with the renewal of the contract.

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