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Europe

HSBC Bank Armenia reports over 50 per cent trade...

HSBC Bank Armenia CJSC ensured 53 per cent growth of trade finance (AMD 25 billion) in January-October 2012 on the same period of 2011. (more…)

Report: Quarter of Irish SMEs given no reason for...

Almost a quarter of small firms are being refused loans without explanation, and the banks are taking a month to…


ABFA to create “ombudsman-style” service

The Asset Based Finance Association (ABFA) has announced its intention to reform the way it responds to complaints and misconduct.…


New research: Only seven per cent of SMEs use...

Almost two fifths of SMEs continue to rely on their cash reserves to see them safely through the recession and…

#bank#bank loan#commercial finance


Deutsche Bank PCB implements Tornado Process Platform

Deutsche Bank PCB will unify its operations and credits via Tornado Process Platform, which also supports factoring lines. (more…)


Three quarters of UK SMEs have seen turnover fall...

Over half of SMEs (55 per cent) in the United Kingdom have a poor performance record resulting from recession trading…


Burgan and UGB offer to acquire 37.56 per cent...

The following is a Company Announcement by FIMBank p.l.c. (or the Bank ) pursuant to the Malta Financial Services Authority…


Nationwide considers move into commercial finance for SMEs

Nationwide shows interest in joining a bidding battle for RBS branches. (more…)

#bank#commercial finance#commercial lending


Report: SMEs moving ever further from their banks

The recent SME Finance Monitor shows a dramatic decline in the number of SMEs using traditional external finance. (more…)

#bank#forum#risk


Factoring software provider brings ABS to SME sector

Fidis makes Asset Backed Securitisation (ABS) a feasible option for SMEs. (more…)


EIB to channel EUR 100m to SME sector

EIB grants EUR 100 million loan to two Serbian banks for SME support. (more…)

#bank#banks#Raiffeisen


Fitch assigns the notes issued by FCT Factoring Asset...

Natixis Factor's notes receive AAAsf(EXP) from Fitch. (more…)

GBH Group starts factoring and credit insurance brokerage

Gayen Berns Homann, German brokers, announced a launch of a new subsidiary dedicated to factoring and credit insurance. (more…)

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