Kraków-based Bank BPH has licensed NetIMEX, Surecomp’s internet-based trade finance banking solution. Created in 2001 following the merger of Bank Przemysowo-Handlowy SA and Powszechny Bank Kredytowy, Bank BPH, a member of the HVB Banking Group with Bank Austria Creditanstalt as a strategic investor, is Poland’s third largest bank. With the licensing of NetIMEX, Bank BPH will shortly be able to offer its trade finance customers a customer front-end to bank back office trade finance system. BPH Bank has been an IMEX, Surecomp’s SWIFT ready Gold and Bolero accredited trade finance banking system, user since 1998.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.