Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

CLYDESDALE & YORKSHIRE BANK JOINS UK EXPORT FINANCE EXPORT WORKING CAPITAL SCHEME

Simon Hayden(left) from Clydesdale and Yorkshire Bank and David Godfrey, who is chief executive of UK Finance signing a deal to make UKEF s services available to Clydesdale and Yorkshire Bank's customers.

Clydesdale & Yorkshire Bank has signed an agreement with the UK’s export credit agency, UK Export Finance (UKEF) to become a participating bank in its export working capital scheme.

Under the scheme, UKEF provides a partial guarantee to a participating bank thereby allowing the bank to consider increasing the amount of pre- and post-shipment finance it can make available to its export customers.

Having previously been participating banks under UKEF’s Bond Support Scheme, Clydesdale and Yorkshire Bank is among a growing number of banks able to offer the full range of UKEF products aimed at supporting smaller exporters.

UKEF Chief Executive, David Godfrey, and Clydesdale & Yorkshire Bank’s Acting Head of International Trade Finance, Simon Hayden, signed the agreement at the bank’s Glasgow headquarters.

Simon Hayden(left) from Clydesdale and Yorkshire Bank and David Godfrey, who is chief executive of UK Finance signing a deal to make UKEF s services available to Clydesdale and Yorkshire Bank's customers.

Simon Hayden(left) from Clydesdale and Yorkshire Bank and David Godfrey, who is chief executive of UK Finance signing a deal to make UKEF s services available to Clydesdale and Yorkshire Bank’s customers.

Commenting on the agreement, UKEF’s David Godfrey said: “UK Export Finance has a important role to play in supporting British exporters and I am delighted that this agreement with Clydesdale and Yorkshire Banks will enable more exporters to access our support through our export working capital scheme.”

Clydesdale and Yorkshire Bank’s Simon Hayden said: “We’re delighted to be joining forces with UKEF to help businesses take advantage of the opportunities which arise through exporting their goods and services. There are many businesses looking to expand and with a real potential to prosper and this partnership is just one way we can help support them to achieve their ambitions.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post