​Welcome to the April 2026 issue of Credit Management News Digest. Our sponsor this month is Tinubu.

 

Index

UK: Late Payment, Business Distress & Insolvencies

UK & Republic of Ireland Economy

Global: Late Payment, Insolvencies & Economy

Credit Management News & Resources

Events & Professional Development

Credit Insurance News Digest

About this month's sponsor: Tinubu​​

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PLUS: Is the future of specialty insurance ready for agentic AI? by Yvan Saule, CTO, Tinubu.

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UK: Late Payment, Business Distress & Insolvencies

The UK Government unveils the toughest crackdown on late payments in over 25 years. The UK Government has announced what it describes as the toughest crackdown on late payments in over 25 years. Under the plans, the Small Business Commissioner will gain sweeping new powers to investigate poor payment practices, adjudicate disputes and fine persistent late payers, with penalties potentially worth tens of millions of pounds. The measures include a new 60-day cap on payment terms for large firms paying smaller suppliers, mandatory statutory interest on late payments set at 8% above the Bank of England base rate, and proposals to prevent the abuse of retention payments in construction contracts. For more information, go to https://www.gov.uk/government/news/time-to-pay-up-government-unveils-toughest-crackdown-on-late-payments-in-over-25-years.

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Late payments threaten the survival of small businesses. The Federation of Small Businesses (FSB) has warned that late payment remains a major threat to small firm survival, with cashflow pressures pushing some firms to breaking point. In its latest statement, the FSB says 38 businesses close every day because of late payments, at a cost of £11 billion to the UK economy. Its research also shows the average small business owner spends 86 hours a year chasing overdue invoices, equivalent to 133 million hours across the UK. The organisation says tougher late-payment laws could help strengthen protections for smaller firms and shift business culture towards prompt payment. It adds that increasing small business growth by just 1% a year could contribute £320 billion to the UK economy by 2030. To read the FSB's news release, go to

https://www.fsb.org.uk/media-centre/national-news/time-to-pay-up-MCHSANOWBJARDDROLCCX5XUL7WQI.

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UK Government seeks to ban retentions. Construction Enquirer has reported that the UK Government is proposing to ban retentions in construction as part of a wider crackdown on late payment, with early consultation responses showing most of the industry favours a full ban over alternatives such as project bank accounts. A transition period of 12 to 24 months has been suggested to allow for contractual changes, financial planning and the development of other assurance mechanisms. The proposal has been strongly welcomed by specialist contractors and trade bodies, which say it could improve cashflow, resilience and fairness across the supply chain. However, clients have voiced serious concerns, warning that banning retentions without a workable alternative could weaken quality control, make defects harder to address and create greater risks, particularly for smaller or less experienced developers. To read Construction Enquirer's article, go to https://www.constructionenquirer.com/2026/03/24/government-set-to-ban-retentions/.

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Corporate distress in the UK is expected to remain elevated. The latest Weil European Distress Index shows that the UK remains the third-most distressed market in the index, behind Germany and France, with pressure spread across liquidity, profitability and risk, while risk is contributing more than in other markets. Weil says UK distress was broadly stable quarter on quarter, with the UK's index value at +3.3 in February 2026, unchanged from November 2025 but down from +4.6 a year earlier. The report also points to a fragile backdrop: UK GDP was flat in January 2026, down from growth of 0.1% in December and below expectations of 0.2%, highlighting continued economic fragility and ongoing uncertainty around the impact of the Autumn Budget. To read the Index, go to https://www.weil.com/articles/the-weil-european-distress-index.

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UK insolvencies remain elevated by historical standards and significantly above the pre-pandemic average. New data from Creditsafe shows that 3,041 businesses across the UK and Northern Ireland entered insolvency in March, a 30% increase from February and 6% higher than in the same month last year. Construction remained the hardest-hit sector, with 458 firms entering insolvency, accounting for around 16% of all business failures. Other traditionally high-risk sectors also saw elevated totals: Wholesale and Retail recorded 374 insolvencies, while Accommodation and Food Services saw 362. Combined, those two sectors account for approximately 26% of all insolvencies this month, underscoring their continued vulnerability amid ongoing economic pressures. To view Creditsafe's findings, go to https://www.creditsafe.com/gb/en/blog/reports/insolvencies.html. 

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February insolvencies up 7% on January 2026 but down year-on-year. The latest data from the Insolvency Service shows that the number of registered company insolvencies in England and Wales was 1,878 in February 2026, 7% higher than in January 2026 but 7% lower than in the same month a year earlier. Monthly numbers at the end of 2025 and the start of 2026 were lower than levels typically seen between 2022 and 2025. Company insolvencies in February 2026 consisted of 249 compulsory liquidations, 1,473 creditors' voluntary liquidations, 146 administrations and 10 company voluntary arrangements. There were no receivership appointments. One in 194 companies on the Companies House effective register entered insolvency in the 12 months to 28 February 2026 (at a rate of 51.5 per 10,000 companies), down from 52.3 per 10,000 a year earlier. To see the data in detail, go to https://www.gov.uk/government/statistics/company-insolvencies-february-2026/commentary-company-insolvency-statistics-february-2026.

​Licensed under the terms of Open Government Licence v3.0.​​​​

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A perfect storm: UK SMEs face mounting costs and late payment pressure. Allianz Trade says UK SMEs are entering Spring 2026 under growing pressure from rising costs, late payments and the increasing risk of "Black Swan" shocks. The report notes that GDP growth slowed to 0.1% in Q4 2025, with the OBR forecasting 1.1% growth for 2026. Small firms also face higher payroll costs, increased business rates and a persistent late-payment problem, with UK companies owed £112 billion in unpaid invoices at the end of 2024 and 44% of invoices paid late. Allianz Trade says insolvencies have stabilised but remain elevated above pre-pandemic averages. It also warns that SMEs are underprepared for major cyber, supply-chain and financial shocks, with only 2% of UK companies describing their supply chains as "very resilient". To read Allianz Trade's news release, go to https://www.allianz-trade.com/en_GB/insights/economic-research/uk-sms-s-market-watch-march-2026.html.

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​​​​​UK & Republic of Ireland Economy 

UK GDP was flat in January despite modest three-month growth. According to the Office for National Statistics (ONS), the UK economy was flat in January 2026, with monthly GDP showing no growth after increases of 0.1% in December and 0.2% in November. Services output was unchanged during the month, while production fell by 0.1% and construction rose by 0.2%. Over the three months to January, however, GDP grew by 0.2%, improving on the 0.1% rise recorded in the three months to December. Production provided the main support, rising by 1.3% over the three-month period, while services increased by 0.2%. Construction remained the weakest area, falling by 2.0%. Compared with a year earlier, GDP was 0.8% higher in January and up 0.9% on a three-month basis. To read the ONS' news release, go to https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/january2026.

​Licensed under the terms of Open Government Licence v3.0.
 

KPMG predicts slower UK growth amid energy shock and weak spending. KPMG's latest UK Economic Outlook forecasts that UK GDP growth will slow to 0.7% in 2026, down from 1.3% in 2025, as a fresh energy price shock fuels inflation, weighs on spending and delays interest rate cuts. Disruption to energy supplies linked to conflict in the Middle East is expected to push headline inflation higher in the second half of the year, with a possible peak of 3.6% in September. Against this backdrop, the Bank of England is expected to hike interest rates three times over the remainder of the year, versus two rate cuts anticipated prior to the start of the conflict, reflecting concern over persistent inflation. Consumer spending is also forecast to remain subdued, rising by just 0.7% in 2026. KPMG notes that UK household spending has grown only 1.4% since the pandemic, compared with nearly 20% in the US and 5% in the Eurozone. To read KPMG's news release, go to https://kpmg.com/uk/en/media/press-releases/2026/03/uk-economy-faces-renewed-headwinds.html.

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A worrying start to the quarter. The National Institute of Economic and Social Research (NIESR) has warned that the UK economy made a weak start to the first quarter of 2026, with GDP flat in January despite earlier signs of improving business confidence. Services activity stagnated, while production contracted for a second consecutive month, although construction and agriculture posted modest growth. NIESR still expects GDP to grow by 0.3% in the first quarter, supported by a recovery in services and production, but cautions that, while the immediate impact of higher energy prices should be limited, elevated prices throughout the year could shave around 0.2 percentage points off UK GDP growth in 2026. To read NIESR's news release, go to https://niesr.ac.uk/publications/worrying-start-quarter.

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OECD cuts UK growth outlook more sharply than peers. The latest OECD Economic Outlook Interim Report says the UK economy faces a weaker outlook in 2026, with GDP growth forecast at 0.7%, down from 1.3% in 2025, representing one of the sharpest downgrades from the OECD's previous forecast among major economies. By comparison, US growth is projected to ease from 2.1% in 2025 to 2.0% in 2026, France from 0.9% to 0.8%, while Germany is expected to improve from 0.4% to 0.8%. UK growth is then forecast to recover modestly to 1.3% in 2027. The OECD also expects UK headline inflation to average 4.0% in 2026 before easing to 2.6% in 2027. To read the OECD's Outlook, go to https://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2026_d4623013-en.html.

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UK confidence remained fragile even before the Iran conflict. According to the BCC's latest Quarterly Economic Survey, confidence among firms remained fragile at the start of 2026, despite some small shoots of recovery. Going into the Iran conflict, 49% of responding firms expected their turnover to improve in the next 12 months. Meanwhile, even before the Iran conflict hit global energy prices, 52% of businesses reported utilities as a cost pressure, unchanged from Q4. The pressure was highest in the hospitality sector (75%) and manufacturing (60%). David Bharier, Head of Research at the British Chambers of Commerce, said: "Even before the latest escalation in the Middle East, business sentiment remained fragile and stuck in a low-growth phase." To read the BCC's news release, go to https://www.britishchambers.org.uk/news/2026/03/business-confidence-fragile-going-into-global-turmoil/.​

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The UK economy loses steam in 2025. Tokio Marine HCC's UK Economic Conditions Report: March 2026 says that, while UK GDP grew 1.3% in 2025, the headline figure masks a much weaker underlying picture. Growth was heavily front-loaded, with 0.7% in Q1, slowing to 0.2% in Q2 and just 0.1% in both Q3 and Q4, indicating a clear loss of momentum in the second half of the year. The report highlights that services, which account for around 80% of UK GDP, recorded no growth in Q4, while construction contracted by 2.1% and business investment fell 2.7%. It also notes that the UK was the only major economy still flatlining in H2 2025, while Germany, France and Italy all showed improving quarterly growth. Although the UK ranked second in the G7 for full-year growth, this was driven by a stronger first half rather than sustained economic resilience. To read Tokio Marine HCC's news release, go to https://www.tmhcc.com/en/news-and-articles/thought-leadership/uk-economic-conditions-report-march-2026.

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The outlook for UK private sector activity remains subdued. According to the CBI's latest Growth Indicator, UK private-sector firms expect activity to fall over the next three months (weighted balance of -18%). Expectations for growth have been negative since the end of 2024, and the latest outturn is roughly in line with the average over this period. Business volumes in the services sector are anticipated to fall (-15%), driven by expected declines in business & professional services (-16%) and consumer services (-12%). However, the latter marks the least pessimistic expectations since October 2024. Distribution sales are expected to decline sharply (-40%), but manufacturers anticipate output to stabilise over the three months to June (-3%), after a run of negative expectations over the past year. The subdued outlook comes as private sector activity fell in the three months to March (-35%). All sub-sectors reported falling activity. To read the CBI's news release, go to https://www.cbi.org.uk/media-centre/articles/outlook-for-private-sector-activity-remains-subdued-cbi-growth-indicator/.

UK retailers report poor sales in March. According to the latest CBI Distributive Trades Survey, UK retail sales volumes fell rapidly in the year to March, marking the quickest decline since April 2020. Key findings included: Retail sales volumes fell in the year to March at the quickest pace since April 2020 (weighted balance of -52% from -43% in February). Sales are expected to decline at a broadly similar pace next month (-49%). Retail sales for the time of year were judged to be "poor" in March, to a greater extent than last month (-23% from -16% in February). April's sales are set to fall short of seasonal norms to a slightly lesser degree (-19%). To read the CBI's news release, go to https://www.cbi.org.uk/media-centre/articles/retailers-report-poor-sales-in-march-cbi-distributive-trades-survey/.

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Retail sales stall in March as early growth gives way to a sharp decline. BDO’s latest High Street Sales Tracker suggests that discretionary retail sales effectively stalled in March, with total sales up by just 0.8%, implying a decline in volumes once inflation is taken into account. The month began positively, with above-inflation growth in both store and online sales during the first two weeks, helped by Mother's Day spending. However, trading deteriorated sharply in the second half of the month, with sales falling by 3.04% and 7.74% in the fourth and fifth weeks respectively, compared with the same weeks a year earlier, following the start of the conflict in the Middle East. BDO warned that retailers now face a difficult period, with supply chain disruption, rising fuel, energy and food costs, higher labour costs, rising household bills, and falling consumer confidence creating further pressure on spending, margins and investment. To read BDO's news release, go to https://www.bdo.co.uk/en-gb/news/2026/retail-sales-collapse-in-march-as-consumer-confidence-declines.

EFCIS highlights pressures and opportunities in the UK food and drink sector. EFCIS's latest UK Food and Drink Sector Review says the sector is still facing intense pressure from inflation, labour shortages, regulation and weaker consumer spending. Christmas 2025 provided some relief, with supermarket sales hitting a record £13.8 billion in the four weeks to 28 December, up 3.8% year on year. Overall Christmas grocery sales rose 2.5% to about £19.6 billion in December, according to NielsenIQ, although unit sales dipped slightly, suggesting shoppers bought fewer items but spent more per purchase. EFCIS says the sector now faces a decisive period, with sustainability, technology, health-conscious consumption and policy reform becoming core business priorities rather than side issues. Click here to read EFCIS's review.

UK manufacturing shows signs of stabilisation despite ongoing weak demand. The CBI's March 2026 Industrial Trends Survey shows UK manufacturing output fell at a faster pace, with a weighted balance of -23% (down from -14% in February), and declines were reported across 11 of 17 sub-sectors. However, output is expected to stabilise, with forecasts broadly flat in the three months to June — the least pessimistic outlook in a year. Order books remain weak, with total orders at -27% (vs -28% in February) and export orders at -14% (improving from -26%). Selling price expectations eased to +12% (from +26%), while stocks of finished goods stood at +10%, close to normal levels. Despite signs of stabilisation, energy costs and geopolitical risks continue to weigh on the sector. To read the CBI's news release, go to https://www.cbi.org.uk/media-centre/articles/manufacturing-output-expected-to-stabilise-cbi-industrial-trends-survey/.

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​Global: Late Payment, Insolvencies & Economy

Distress persists across Europe despite modest improvement. Corporate distress across Europe remains elevated but has eased slightly in the latest quarter, according to the latest Weil European Distress Index. While levels remain above the long-run average, the report highlights a fragmented and uneven landscape across markets and sectors. Germany remains the most distressed market, followed by France, where conditions have worsened year on year. The UK (see paragraph above) continues to rank third, with pressures spread across liquidity, profitability and risk. In contrast, Spain and Italy remain the least distressed markets, with levels of distress below the long-run average. The report also highlights growing geopolitical instability and sector-specific pressures as key risks, suggesting that although conditions have improved marginally, corporate distress across Europe is likely to remain elevated. To read the Index, go to https://www.weil.com/articles/the-weil-european-distress-index.

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The risks of non-payment due to the conflict in the Middle East. Allianz Trade has published a paper which says the Middle East conflict and disruption to the Strait of Hormuz have triggered a broad-based reassessment of non-payment risks. In its latest review, it downgraded five economies, including the UK, and made twenty-one sector downgrades, with Gulf countries and transport and energy-related sectors at the epicentre. The report warns that economies with heavy hydrocarbon import dependence, current account deficits and fiscal deficits are especially vulnerable, notably Ukraine, Jordan, Pakistan, Kenya and Ethiopia. It also says chemicals, metals and other energy-intensive sectors in Europe are under renewed pressure. Allianz Trade adds that, beyond rising oil prices, tighter financing conditions, supply disruption and weaker demand could increase the risk of broader and more persistent payment stress if the disruption continues. To read Allianz Trade's paper, go to https://www.allianz-trade.com/en_global/news-insights/economic-insights/Pixels_crisis_granular_risks_non_payment_conflict_Middle_East.html.

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OECD sees global GDP growth staying subdued but stable. The latest OECD Economic Outlook Interim Report says global GDP growth is expected to remain subdued but broadly stable, holding at 2.9% in 2026 before edging up to 3.0% in 2027. The report advises that growth is being supported by strong technology-related investment and the prospect of gradually lower effective tariff rates, but warns that the conflict in the Middle East is adding significant uncertainty to the outlook. The OECD assumes current energy market disruption will prove temporary, with prices easing from mid-2026. On that basis, it left its 2026 global growth forecast unchanged, but trimmed its 2027 projection from 3.1% to 3.0%. Overall, the report suggests the world economy is showing resilience amid heightened geopolitical and energy-related risks. To read the OECD's Outlook, go to https://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2026_d4623013-en.html.

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Economic outlook 2026-27: The fog of war. Allianz Trade says global GDP growth is expected to slow to 2.6% in 2026, a downgrade of 0.5 percentage points, as the war in the Middle East weakens the outlook for both the US and Europe. The insurer forecasts US growth of 2.1% in 2026 and Eurozone growth of 0.8%, alongside higher inflation. China is still expected to grow by 4.6% in 2026, while the Gulf economies face a much sharper downgrade, with growth forecasts cut by 2.1 percentage points. Allianz Trade warns that a worsening of the conflict would trigger a stagflationary recession. In its downside scenario, the Eurozone would fall into a technical recession, while the US economy would slow sharply for two years. To read Allianz Trade's news release, with a link to the full report, go to https://www.allianz-trade.com/en_global/news-insights/economic-insights/Economic-outlook-2026-27-The-Fog-of-War.html. An AI-generated podcast is also available.

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Middle East war: Economic impact. Atradius has published an article assessing the potential impact of the war in Iran. In its baseline scenario (in which the Strait of Hormuz remains effectively closed until the end of April, attacks on Gulf infrastructure cause limited damage, and disruptions will be gradually resolved from May), world growth is expected to ease from 3.0% to about 2.6%, while EU growth slows from around 1.3% to 1.0% in 2026. Across the Middle East, more exposed countries such as Qatar and Kuwait could face downgrades of 3.5 to 15.0 percentage points. Under Atradius' worst‑case scenario (a conflict stretching across multiple months with the risk of broader regional involvement), world growth in 2026 drops to around 2.5%, while the EU edges down to 0.6%. By 2027, the slowdown persists, leaving the world at 2.7% and Europe at 1.5%. To read Atradius' news release, go to https://atradius.co.uk/knowledge-and-research/news/middle-east-war-scenario-update-and-economic-impact.

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Payment risk hotspots weigh on working capital across Australia's B2B landscape. Atradius' recent report on B2B payment practices in Australia has noted that almost 60% of B2B sales are now made on terms, effectively turning suppliers into a key source of working capital. With borrowing expensive and the outlook uncertain, most companies in Australia have a lower appetite for risk and shorten payment terms to fewer than 30 days. Many also encourage quicker invoice settlement by offering discounts. Larger companies often pressure smaller suppliers to accept longer payment terms, so SMEs pay out faster but wait longer to be paid. Days Sales Outstanding (DSO) figures reveal that most B2B payments align with agreed terms. DSO averages three weeks, highest among large manufacturers. Fewer than one in five B2B invoices are overdue (18%), with bad debts contained for most businesses. To read Atradius' news release, go to https://atradius.co.uk/knowledge-and-research/reports/b2b-payment-practices-trends-in-australia-2026.

 

Poland Payment Survey 2026 reveals worsening payment discipline. Coface's 10th Poland Payment Survey has revealed a clear deterioration in payment behaviour, with average delays extending to 53 days, their highest level since 2021. Companies offering terms of under 30 days still represented the largest share (35%), but medium-length terms (61–150 days) became more common. The longest payment terms were observed in metals (72 days), followed by ICT and construction. Similarly, the share of firms entirely free of overdue payments fell significantly, from 14.6% to 8.5%, while those with overdue receivables exceeding 20% of turnover increased significantly. In terms of recovery methods, in-house monitoring and debt collection remained the preferred approach (38%), while the use of third-party collection services rose to 34%. To read Coface's news release, go to https://www.coface.com/news-economy-and-insights/poland-payment-survey-2026-sustained-economic-growth-yet-worsening-payment-discipline.​

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​​​​Credit Management News & Resources

iwoca launches Credit Compass to help SMEs understand credit health. iwoca has launched Credit Compass, a free new tool designed to help UK SMEs better understand and manage their financial health. The launch follows new iwoca research showing that 51% of UK businesses either have not checked their credit score recently or do not understand what it means, while only 20% trust credit agencies to accurately assess their business. Credit Compass gives SMEs clear visibility of their credit standing by bringing together their Equifax business credit score, credit history, financial status and Companies House assessment in one place. It also explains what the data means and suggests steps businesses can take to improve their creditworthiness. Later this year, the tool will add Open Banking integration to provide deeper operational insight. For more information, go to https://www.iwoca.co.uk/news/iwoca-launches-credit-compass-to-help-of-smes.

 

Company Watch launches new identity verification feature for UK companies. Company Watch has launched a new Director and PSC Identity Verification feature for UK companies, making it easier for users to see whether the people behind a business have completed Companies House identity checks. Built into the existing platform, the tool shows verification status, highlights anyone still due to complete the process, and includes extra details such as completion dates and authorised verifier information, where available. The launch comes as the Economic Crime and Corporate Transparency Act 2023 brings in tougher transparency requirements, with directors and PSCs expected to complete identity verification by November 2026. For credit professionals, it should make due diligence easier and help spot potential governance or compliance concerns earlier. For more information, go to https://www.companywatch.net/product-releases/director-and-psc-identity-verification-for-uk-companies/.

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Rezolva offers relationship-led debt recovery support. A new service called Rezolva offers a specialist approach to commercial debt resolution, focusing on helping UK companies recover overdue invoices while protecting valuable customer relationships. Aimed particularly at brokers and their clients, the business is positioning itself as a more relationship-led alternative to traditional debt recovery, combining commercial debt resolution, legal recovery support and wider credit management assistance. Rather than taking a purely aggressive collections approach, Rezolva emphasises communication, commercial understanding and tailored recovery strategies designed to secure payment without unnecessarily damaging future trading opportunities. This may make it particularly relevant for firms dealing with sensitive customer accounts, long-standing trading partners or cases where preserving goodwill is important. For more information, go to https://rezolva.co.uk/.​

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Events & Professional Development​

​​2026 Receivables Finance International. 5-6 May, Hilton Berlin

Hosted by BCR, the 2026 Receivables Finance International (RFIx26) continues its legacy as the premier global gathering for the receivables finance industry. Now in its 26th year, RFIx brings together leading industry figures from around the world for two days of forward-looking insight, strategic dialogue, and high-level networking in Berlin.

In 2026, RFIx will spotlight innovation, collaboration, and growth across a rapidly evolving financial ecosystem. As markets adapt to new technologies, regulatory shifts, and global economic trends, the event will explore how receivables finance continues to transform to meet the needs of modern trade.

Each year, RFIx attracts an exceptional mix of participants, from trade banks and independent finance providers to fintechs, insurers, software innovators, consultants, legal experts, and corporate treasurers – all shaping the future of working capital finance.

Join us in 2026 as we connect, collaborate, and chart the next chapter of receivables finance.

Programme Coming Soon

For more information, go to https://bcrpub.com/event/26th-annual-receivables-finance-international/.

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TXF Middle East & Africa 2026: Agency, Energy & Infrastructure Finance. 7 - 9 April, Dubai
TXF returns to Dubai for MEA 2026, where we'll be connecting ECA, project, and development finance dealmakers across the Middle East and Africa, as more credit lines flow between both regions. One ticket grants you access to the most active exporters, borrowers, infrastructure and energy developers, project sponsors, equity investment funds, institutional investors, debt providers, ECAs, DFIs and more. Key topics include:

• Borrowers' Choice: Exploring investment opportunity in the Middle East

• Sovereign finance in focus: How can ECAs better support sovereign guaranteed projects?

• Financing Emerging Markets: What opportunities are available in MENA's smaller markets?

• The ESG Debate: Examining the impact of ESGs on project development in Africa and the Middle East

• The Role of ECAs, DFIs and MDBs: Their latest projects, policies and initiatives

98% of previous attendees said they will do more business as a result of attending the event. Don't miss out. Find out more and secure your place here:
https://mea2026.exilegroup.com/.

Exclusive 15% Discount for CIN Readers. Contact marketing@exilegroup.com and quoteCIN15 to apply for 15% off.​

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TXF Global 2026: Export, Agency & Project Finance. 9 - 11 June, Prague
Gather with 1,500 senior decision-makers shaping the future of export, project, and development finance, where global deal origination begins.Exile Group once again brings together our three key brands TXF (export

finance), Proximo (project finance) and Uxolo (development finance) for an unbeatable opportunity to network, collaborate and originate deals.

• Connect with the powerhouses of the industry: Step into this premier international gathering where over 1500 dealmakers from ECAs, DFIs, exporters, borrowers, developers, project sponsors, SOEs, government ministries, commercial banks, private insurers, law firms and institutional investors converge at the go-to event of the year!

• Unlock your origination potential: With just one trip, you'll be able to collaborate and originate deals with a wide range of stakeholders, and hold multiple meetings in one place for a jam-packed three days that will give you a fantastic return on your investment.

• Diversify your pipeline: With a global presence (over 65 countries in 2025), attendees will have the opportunity to learn from diverse perspectives, discover international best practices, and foster cross-border collaboration to enrich their own strategies and grow their business.

86% of past attendees confirmed they will do more business as a result of attending the conference, making the event a true catalyst for the markets we cover. This is the event of the year you cannot afford to miss. Secure your presence, view the agenda and find out more here: https://global2026.exilegroup.com/.

Exclusive 15% Discount for CIN Readers. Contact marketing@exilegroup.com and quoteCIN15 to apply for 15% off.

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TXF Credit & Distribution Day 2025. 12 June, Prague
We are delighted to bring an all-new Credit & Distribution day to Prague! This event will examine how underwriters, brokers and distribution and syndication bankers are reassessing risk, adapting to the latest regulatory change, and finding new ways to distribute capital efficiently.

Why Attend?

• Optimize capital structure, ensure regulatory compliance, and enable sustainable business growth

• Build a diversified risk portfolio, foster strong partnerships, and create cross- sell opportunities with banks, ECAs, DFIs, and corporates

• Access bespoke, high-quality risks to enhance portfolio diversification.

Unlock your potential. Don't miss this opportunity to connect in-person with banks, ECAs, DFIs, corporates, insurers, brokers, asset managers and more for new business opportunities and lasting partnerships. Spaces are limited - to find out more and book your place visit: https://creditanddistribution26.exilegroup.com/.
Exclusive 15% Discount for CIN Readers. Contact marketing@exilegroup.com and quote
CIN15 to apply for 15% off.

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About this month's Sponsor: Tinubu

Tinubu is the leading provider of enterprise software for the global specialty insurance industry. For more than 25 years, Tinubu has helped carriers, MGAs, and underwriting teams manage the full lifecycle of complex specialty risks, from submission intake and underwriting through policy administration, claims, and renewal.
Today, 45+ specialty carriers across Europe, the Americas, and Asia-Pacific run their core operations on Tinubu's cloud platform. The platform combines deep specialty insurance expertise with embedded AI and a modern, API-first architecture, supporting lines of business including Trade Credit, Surety, Political Risk, Accident & Health, Marine, Cyber, Professional Liability, and more.
Tinubu's solutions address the structural challenges that specialty insurers face as they scale: engaging brokers and insureds efficiently, augmenting underwriting capacity, improving risk selection in real time, and accelerating the launch of new products and geographies. From flexible product configuration and AI-assisted submission triage to automated policy lifecycle management and claims decision support, the platform covers every stage of the insurance value chain.
Tinubu employs 320 insurance and technology professionals, with offices in Paris and New York, serving customers globally.