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CIT s Commercial Finance division´s Trade Finance segment reported the following results: Net income increased from the prior year by…
Charged with expanding the company's market presence and spearheading growth in the Northeast region, his responsibilities include sales, marketing, and…
The National Bank of Ethiopia (NBE) has disclosed that it had launched an amendment to the establishment and operation of…
Coface is launching an assessment tool for Russian small- and medium-sized businesses (SMEs). This new tool is the fruit of…
Oriental Bank of Commerce, a leading public sector bank has entered into a tie-up arrangement with SME Rating Agency of…
In recent months, all kind of speculations have been made on the number of SMEs that would go bankrupt after…
Independent Growth Finance (IGF) has announced the further strengthening of its sales team with the recent appointment of Jonathan Oakes,…
Emirates Bank, which introduced factoring services a year ago, has now launched insurance backed factoring to provide credit protection and…
Catering equipment specialist Kestrel Technology Services is diversifying to supply fittings for luxury yachts. Kestrel has brought on board asset-based lending…
Argentina's largest export credit insurer Coface has launched a domestic credit insurance to cover companies in case of default from…
Euler Hermes, the world s largest credit insurance company with a 34 per cent market share, has tied up with…
Wells Fargo Company and Commerce Funding Corporation (CFC) announced today they have completed Wells Fargo Bank, N.A.'s acquisition of a…
Federal Argentine bank Banco Nacion will step up its focus on small- and medium-sized enterrises (SMEs) through its trust fund,…
Investors who poured US$2.5 million into U.S. Funding were told their money would go toward buying other companies' accounts receivable…
Turkey's total volume of factoring increased 48.8 per cent in 2005, according to Factors Chain International (more…)
IT solutions provider 3i Infotech Ltd yesterday acquired Bangalore-based Datacons Ltd for nearly Rs 40 crore (more…)
Fortis and An Post have announced today that they have signed (more…)
Netherlands, Mexico, and Bulgaria Upgraded. Iceland, New Zealand and Thailand placed under negative watchlist according to (more…)
Continental commands a 54% market share in the credit insurance market, which is only serviced by two other companies (more…)
The Export Guarantee and Insurance Corporation (EGAP) is seeking a strategic partner for its commercial insurance subsidiary. EGAP, the state-owned…
Independent Growth Finance (IGF), the UK factor, has promoted regional sales manager Kelly Hamill to regional sales director for the…
Term lending to small and medium-sized enterprises has risen 11 per cent in 2005, according to the British Bankers Association…
As HSBC Bank Middle East rolls out a new factoring service for small and medium-sized enterprises (SMEs) in Bahrain, Oman…
Commercial banks may get to heave a sigh of relief with the Reserve Bank of India (RBI) planning to extend…