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CIT Group posted a higher fourth-quarter profit, citing growth in its financing and leasing portfolio and a smaller proportion of…
Small-business owners who gave personal guarantees to banks as security from June 2001 and later went into liquidation face the…
Export-Import Bank of India (Exim Bank) has extended a line of credit (LOC) of US$10 million to Bank Gospodarstwa Krajowego…
Proposals for global capital standards among national and international banks are again in turmoil after the head of the powerful…
Euler Hermes Collections UK Limited, one of the UK’s leading commercial debt collection agencies, has been appointed the preferred affinity…
Chile's banking regulator SBIF has announced its rejection of a banking licence request from Banco Progreso. Progreso plans to offer…
An article by James Earp, Partner, Grant Thornton Fraud and insolvency often go hand in hand with the perpetrators deliberately…
A representative office of the Latvian Development Agency (LDA) will opened in Hamburg on 29 January. The objective of the…
The world leader in credit insurance has confirmed reports of its takeover of the Finnish Credit Insurance Company (FCIC) (see…
UK companies using credit insurance may not be taking full advantage of the wider business benefits, according to a survey…
The members of CIFAS have reported they prevented fraud losses of Ј487 million by sharing information on fraudsters through the…
Factoring company, Boston Financial Corp., yesterday unveiled a new unit, Boston Financial Solutions LLC. The new venture will focus on…
The Export Credit Guarantee Corporation of India (ECGC) may diversify into insurance lines that complement its primary business of export…
Major Indian financial institutions are selling part of their stake in the country's premier credit rating agency, ICRA, to its…
The Loan Guarantee Fund for small- and micro-enterprises (SMEs) employing up to 30 people, designed to help them overcome borrowing…
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…
Further expansion is on the books for Independent Growth Finance (IGF), one of the country's leading independent invoice discounting and…
Small- and medium-sized enterprises (SMEs) start the New Year on a high note having recorded the highest levels of business…
Citizen Entrepreneurial Development Agency (CEDA) has a new product called CEDA Credit Guarantee Scheme (CCGS), which encourages private sector participation…
GMAC Commercial Finance (GMAC CF) has announced plans to launch new operations in Poland and Germany, following a record 12…
Natexis Banques Populaires has reported figures, based on estimates presented yesterday to the Board of Directors, showing net banking income…
From Mr Morgen Witzel Sir, Your article "Companies resort to hard line on late payers" (21 January) on late payment…
Getting into factoring is easy, staying profitable is getting much harder. One of the biggest threats to factoring profits is…
The Ukrainian government and the National Bank have endorsed a programme for 2004 on fighting the legalisation of income obtained…