CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Lloyds Bank appoints new head of Trade Finance to support export plans of SMEs
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Lloyds Bank appoints new head of Trade Finance to support export plans of SMEs PDF Print E-mail
Friday, 29 May 2015

Lloyds Bank has appointed Paul Smith as its new head of Trade Finance to provide comprehensive support to small and medium sized businesses (SMEs) looking to accelerate their export plans.

Paul, who has worked for Lloyds Banking Group for more than 31 years, will lead a team of 18 international business managers across the UK that are supporting businesses with an annual turnover up to £25million through the different stages of their international growth strategy.
 
As part of Lloyds Bank’s SME Charter, the bank has pledged to increase its trade financing facilities by 25 per cent in 2015. Paul will drive this commitment as well as supporting an additional 5000 businesses to trade internationally over the next three years, bringing the total to 75,000.
 
Paul joins the Global Transactional Banking team after a spell as area director for Lloyds Bank Commercial Banking in the North West and as a senior manager role in the bank’s national Risk Management team.
 
He will report to John Robson, Director for SME Global Transactions Banking who said: “Businesses that are trading internationally rely on support from advisors to help them complete transactions in unfamiliar territories. Our expert team uses its understanding of global regulation and working practices to help small and medium sized businesses successfully expand into new markets.
 
“Paul has an impressive track record of delivering the right solutions to help businesses achieve their growth ambitions, and is well placed to lead the trade finance team to help open up international opportunities to UK firms and help them grow.”
 
Paul added: “Trading internationally is an important route to enable a business to secure new contracts and drive the long-term success of its business. We have a strong team in place to help firms across the UK deliver this growth.
 
“We understand that dealing with global customers can result in delayed payments, and the team is focused on providing the working capital facilities that ensure longer payment terms don’t have an impact on a business’ operations and ability to grow.”
 
Paul’s appointment further strengthens Lloyds Banks’ commitment to grow its Global Transaction Banking business, which provides payments, liquidity management, working capital and short-term financing to business clients, as well as core banking services to help clients grow, both domestically and internationally, through trade finance, cash management, invoice and asset finance.

(Source - Lloyds Bank Press Release)
 

 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197