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The German investment and development company, DEG, has extended a loan of USD 20 million to Eastern Bank Limited (EBL) through its Offshore Banking Unit. (more…)
#bank#investment#liquidity
Global reinsurer, Munich Re, is offering to insure solar park operators against the risk of their suppliers going bankrupt, as…
Turkish automotive finance specialist, Volkswagen Dogus Finance (VDF), has appointed Muge Tuna as Director of its factoring service. (more…)
#bank#commercial finance#financial services
Cambridgeshire-based business Wellgrain, a privately owned trader of combinable crops, has secured a GBP 12 million asset-based lending (ABL) funding…
#funding#invoice#receivables
First Capital, a Florida-based commercial finance specialist, has welcomed Gerard Hanabergh as their new Executive Vice President and Chief Credit…
Sharjah-based InvestBank has opened a second subsidiary named Al Imdad, which specialises in trade financing and supply chain logistics for…
The Government-run Youth Enterprise Development Fund is to start guaranteeing loans borrowed by its members from commercial banks as it…
#bank#invoice#purchase order
The city of Shanghai is to launch new initiatives and expand existing schemes to help its 337,000 SMEs, according to…
#bonds#economy#smes
Coface, the global credit insurer, has noted a clean break in the payment behaviour of companies in the second half…
#banks#credit risk#payment behaviour
PrimeRevenue Inc., a SaaS platform for supply chain finance (SCF), has announced their operating results for the year ending 31…
The International Finance Corporation (IFC) has expanded a trade finance line for LienVietPostBank, allowing the bank to further help SMEs…
Two-thirds of loans given to SMEs in Bangladesh are used in trading, which analysts say is a threat to sustainable…
Nationwide, the largest building society in the United Kingdom, is considering offering loans to SMEs to broaden its traditional customer…
#banks#commercial lending#SME lending