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A US$40m (R284m) trade finance fund is being established to take advantage of opportunities presented by lack of information about…
Colombia's state-owned export development bank Bancoldex said new loans increased 11.4% from January-May compared to the same period last year. (more…)
Chile's banks are likely to see default rates continue edging up in the second half this year but they are…
The government has released US$108m towards implementation of the MSMEs project to provide strategic interventions to address major constraints that…
A recent ICC Credit 1000 Credit Managers Survey reveals that there is an increase in use of credit insurance by…
In a SCF, each party wins: the bank makes more money than simply lending to the buyer, the buyer holds…
SMEs, which are the backbone of the economy, emerged as more prone to default than other businesses and were second to corporates…
The fight against money laundering is to be widened to prevent the financing of terror and financial crimes. Factoring companies…
UC Factors is currently establishing affiliate partnerships and referral programs with local banks to help meet the funding needs of…
Several MNC and Indian banks are looking at picking up stake in Mumbai-based factoring company Global Trade Finance (GTF). (more…)
With non-banking financial companies (NBFCs) finding it difficult to raise funds, they have been forced to hike up lending rates…
Entrepreneurs, owners and decision-makers in small and medium sized businesses will be offered a series of inspirational and practical seminars…
Continental is using both the receivable financing and the advances to replenish inventories of condensate. As a result, they are turning over their…
The prominence of the bank overdraft may be slipping as other lending options become available. Working capital products, such as…
Allbecon Olympia AG has arranged two credit lines with a total volume of EUR 65 million. The two credit lines…
ProCredit Bank Georgia (PCBG) is receiving a US$15m syndicated loan arranged by the European Bank for Reconstruction and Development (EBRD)…
BOK top policymakers decided to cut lending to local SMEs by won1.5 tn (US$1.6bn) from the third quarter 2007. (more…)
Brazil's national development bank BNDES handed out reais57.7bn (US$30.4bn) in loans in the 12 months to end-May, up 26% on…
This is the last in a series of articles providing a step-by-step guide to best practice for improving efficiency in…
ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…
Kenneth Choi has been appointed regional manager, Asia specialised financial services for Fortis bank in Asia, based in Hong Kong.…
Factoring company Global Trade Finance (GTF) on Tuesday signed a Memorandum of Understanding (MoU) with SME Rating Agency of India…
SMEs across the country are missing out on business opportunities worth around 52 billion due to a lack of funding,…
Sue Jones has been appointed as a Director of Atlantic Risk Management Services Limited, the Work out and Audit specialist.…