business-banking
BankingPersonalisation Doesn’t Have to Be Puzzling: Three Steps to Success for Traditional Banks
BusinessRecovery Time: How Do We Overcome the Covid Challenge of Commercial Smb Lending?
Top StoriesEuro Zone Business Lending Unexpectedly Surges in June
Top StoriesExplainer-Nord Stream’s Turbine Tussle Puts Spotlight on Equipment
In the Black: How FinTechs Are Helping Businesses With Liquidity
Date: July 26, 2022
By Ian Duffy, CEO of Accelerated Payments Not since the early 1980s has the UK faced the inflation rates it is currently experiencing, as households are being hit with the most significant blow ever to their incomes. As energy, food, and fuel costs soar to new heights, affording even the basics of life is becoming...
Back to the Future: Forward Thinking Banks Putting SMEs Back at the Heart of Business
Date: June 28, 2022
By Marijke Koninckx, Chief Product Officer at BankiFi, explores how SMEs have been left behind for too long and how technology is helping to put this right for the banks and their customers. For a long time, small businesses have been viewed as a ‘tricky’ customer segment, one that is hard to serve. Sole traders...
Credit Agricole Sees Profit Topping 6 Billion Euros in 2025, Growth in Italy
Date: June 22, 2022
By Matthieu Protard PARIS (Reuters) -French bank Credit Agricole is targeting a net profit of more than 6 billion euros ($6.3 billion) by 2025 and sees strong potential for its business in Italy, it said on Wednesday as it unveiled a new strategic plan. France’s second biggest listed lender, which last year made underlying net...
Italy Business and Consumer Morale Rise in May but Manufacturing Still Downbeat
Date: May 26, 2022
ROME, May 26 (Reuters) – Morale amongst Italian businesses and consumers rose in May, data showed on Thursday, with service industries regaining confidence despite the ongoing war in Ukraine while manufacturers remained downbeat. National statistics institute ISTAT’s manufacturing confidence index fell to 109.3 in May from 109.9 in April, but still came in slightly above...
Soccer – Chelsea Need to ‘over-Perform’ to Close Gap on Top Two, Says Tuchel
Date: May 22, 2022
(Reuters) – Chelsea manager Thomas Tuchel believes the club’s misfiring forward line must “over-perform” next season if they are to have any chance of catching Manchester City and Liverpool in the Premier League. A lack of goals has contributed to Chelsea’s disappointing league campaign, with midfielder Mason Mount (11) the only player to reach double...
Rate of Bank Loan Defaults Set to Rise Across the Eurozone, While Growth in Lending Slows From the Pandemic Peak
Date: May 20, 2022
► Loan losses are forecast to rise from 2.2% in 2021 to a peak of 3.9% in 2023, ahead of 2019’s 3.2% but still modest by historical standards – losses averaged 6% between 2012-2019 ► Total eurozone bank lending to grow at 3.7% in 2022 and just 2.9% in 2023 – a slowdown from the...