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Venture capital firm Softbank Investment Corp. has reached a basic agreement with consumer finance company Credia Co. to jointly set…
The European Bank for Reconstruction and Development (EBRD) will acquire preferred stock from an additional issue by International Moscow Bank…
The increasingly stronger position held by large foreign banks on central and eastern European markets, Romania included, tends to seriously…
Prime Minister Manmohan Singh today held wide-ranging discussions with visiting Russian President Vladimir Putin on bilateral, regional and international issues.…
Coface opened its new office today in Canada, signalling its intention to become a major player in the Canadian market…
Woori Bank, South Korea's second-biggest lender, has completed issuing US$166m worth of debts backed by a pool of low-grade corporate…
Surecomp, a leading solution provider to the global wholesale banking and financial industry, announced today that Charterhouse Group International has…
The European Objective 2 Programme for the South West has made its biggest grant to date, contributing Ј9.6 million towards…
German bank Commerzbank is planning to expand its business with small- and medium-sized enterprises (SMEs) in eastern Europe. The bank…
The International Finance Corporation (IFC) has issued a US$10m credit line to Brazilian bank Banco Triangulo (Tribanco) for small- and…
Bank NISP, considered one of Indonesia's best-managed banks, will soon be owned by Singapore's third-largest bank, Oversea-Chinese Banking Corp (OCBC),…
The International Factors Group (IFG) annual conference 2004 was held in Beijing on 17 – 20 October, taking as its…
South Korean bank lending to small-and medium-sized enterprises (SMEs) fell by the largest amount in over three years in November…
The Polish unit of Austrian bank Raiffeisen secured a Ђ165m syndicated loan to finance its growth in small-and medium-sized enterprise…
Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has strengthened its management team after appointing…
The Latin American Association of Development Finance Institutions (ALIDE) is planning to join forces with other organisations in order to…
The Cattles Invoice Finance group recently announced a pre-tax profit of Ј2.81m for the year ended 31 December 2003 (see…
The state-owned Hungarian Development Bank (MFB) will make another HUF 100bn in low-cost loans available to small businesses and local…
During the first half of the year, financing offered by Limited Purpose Financial Companies (Sofoles), or non-bank banks, increased by…
Textile export of the country faces a problem of high export refinance rates at 5 per cent coupled with 13.1…
Colombia's largest bank Bancolombia's saw lending to SMEs grow 45% to 1.5tn pesos (US$611m) through October this year compared to…
Companies in North Kent and Essex now have access to expert invoice finance and cash flow advice following the appointment…
The Export and Import (EXIM) Bank of India has offered to extend an initial line of credit of US$10m to…
Poland's largest non-banking factoring company, Eurofaktor, has completed subscriptions for its Warsaw Stock Exchange debut, set to take place within…