Snappi, the first Greek neobank licensed by the ECB is delighted to announce that it is now publicly available via the App Store and Google Play, initially to all Greek tax residents. Headquartered in Ioannina, Snappi has been designed from the ground up to be 100% digital. Snappi is fully mobile with an effortless no […]
The 2025 edition of the Atradius Payment Practices Barometer survey for Asia reveals a nearly even split between businesses expecting stable payment behaviour from their customers and those foreseeing a deterioration in payment risk in the coming months. The survey, conducted in the second half of Q2 2025 across China, Hong Kong, India, Indonesia, Japan, […]
The latest Atradius Payment Practices Barometer survey for the United Arab Emirates (UAE) reveals a divided B2B payment landscape, with companies facing increasing financial pressure as bad debts grow to an average rate of 8% of overdue invoices amid a tightening in liquidity conditions, and points to a rise in debt collection challenges across the […]
Hong Kong’s banking sector demonstrated steady growth and operational resilience in 2024, despite ongoing global economic headwinds. This is according to the newly launched KPMG Hong Kong Banking Report, which provides an in-depth analysis of the city’s banking performance in 2024 and explores the major trends shaping its future, ranging from geopolitical and credit risk to […]
The Asia Payment Survey, conducted by Coface in Q1 2025, provides insights into the evolution of payment behaviour and credit management practices of about 2,400 companies across the Asia Pacific region. Respondents are active in nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Taiwan and Thailand) and 13 sectors. Average payment terms […]
According to Savills latest research, Q1 2025 European office take-up volumes reached 1.9m sq m, increasing by 4% year-on-year (yoy). Given a solid start to 2025, Savills forecasts a 5% yoy increase for the full year. Over the past 12 months, Prague (+41%), Dublin (+29%) and London City (+26%) performed the strongest against the previous five-year […]
Creditinfo has today announced the launch of Business Information Platform Africa (BI Africa) to help African businesses and financial services access trade credit more easily and build stronger relationships with global partners. The platform will be rolled out in Kenya in June, with more markets to follow. The move builds on Creditinfo’s success in the Baltics, […]
Singapore’s SMEs battled tighter financing conditions in 2024, with average borrowing costs rising to 8.47% per annum — the highest in recent years, even as loan sizes shrank and access to larger financing amounts dried up, according to Linkflow Capital’s latest SME Financing Accessibility Survey. Drawing on data from over 2,216 unique users on its […]
US regional banks now must consolidate to survive the “imminent” recession, warns Yerbol Orynbayev, president of TurmaFinTech. The intervention from Orynbayev, who was Kazakhstan’s deputy prime minister between 2007-2013, follows reports that bank stocks experienced their biggest one-day slide since 2023’s regional banking crisis (Reuters). The dip came swiftly off the heels of president Trump’s […]
CPA Australia’s latest Asia-Pacific (APAC) Small Business Survey 2024-25 reveals that the outlook for business growth this year for Hong Kong’s small and medium enterprises (SMEs) has slowed, though their hiring intentions remain strong. To combat uncertainties and rising competition, many are focusing on innovation and increasing their investment in artificial intelligence (AI).The annual survey […]
