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Listed factoring firm Eurofaktor will start negotiations on the sale of two subsidiaries (more…)
CIT Group announced that it has reached a definitive agreement to acquire a full service healthcare financing company that specialises in…
Venezuela's banks and financial institutions increased lending in June for a fourth consecutive month as bankers sought to meet (more…)
The Seed Co-Investment Fund introduced yesterday will match dollar-for-dollar private investment in small companies up to a maximum of (more…)
ProCredit Savings and Loans Company, a micro finance institution, has disbursed more than 54bn cedis (US$6m) in loans since (more…)
Korean banks need to become more cautious in extending loans to small- and medium-sized enterprises (SMEs) as loans without proper…
The Guangzhou Branch of Allianz Insurance Co, the only non-life insurance unit in the Chinese mainland of the German financial…
Russia s Uralo-Sibirsky Bank (UralSib) plans to become one of Russia s largest commercial banks, president of UralSib Financial Corporation…
Small-business owners are often unprepared for the challenges presented by successful cash flow management, according to research conducted by invoice…
Shareholders at Argentine bank Banco Patagonia have approved a 42.3m peso (US$14.7m) capital increase to finance (more…)
Banco de Comercio Exterior (Bancoex), the Venezuelan government's foreign trade bank, issued some 89.4bn bolivares (US$35.2m) in loans during the…
The Hungarian National Bank s (MNB) Monetary Council has cut the base rate by (more…)
Credit insurer Atradius has urged the Government not to make any more cuts to the aid and support offered to…
GE Commercial Finance, the US financial service provider, aims to double its current share of the European market by 2008,…
Eurofaktor's vice president Miroslaw Nowicki is satisfied with the financial results in the second quarter (more…)
Revenues and segment profit from GE's Commercial Finance business stood at (more…)
Industries Minister Maulana Matiur Rahman Nizamai has announced that the the country's central bank will soon form an Entrepreneurship Development…
Compared to the first half of 2004, Medicinos Banka's factoring portfolio more than quadrupled year-on-year (more…)
The UK government's Export Credit Guarantee Department (ECGD) issued financial support for UK companies doing business with Iran in the…
The company said its guarantees have helped small- and medium-sized enterprises (SMEs) to take loans worth (more…)
Deutsche Bank successfully arranged the first ever 12-year Russian Rouble export financing for the Russian Province Samara (Samara Oblast) with…
He has worked in VUB Bank since 2003, first as director of the Business Finance department and then as director…
The asset-based lending divisions of GMAC Commercial Finance in the US and the UK have provided a combined (more…)
The Export-Import Bank of Thailand plans to open new offices by the end of the year in (more…)