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PrimeRevenue announces 2011 operating results and launches new SCF...

PrimeRevenue Inc., a SaaS platform for supply chain finance (SCF), has announced their operating results for the year ending 31 December 2011, and introduced a new cloud-based SCF interchange. (more…)

IFC expands trade finance for SMEs in Vietnam

The International Finance Corporation (IFC) has expanded a trade finance line for LienVietPostBank, allowing the bank to further help SMEs…


BIDS: SME loans bypass area of focus

Two-thirds of loans given to SMEs in Bangladesh are used in trading, which analysts say is a threat to sustainable…


Nationwide considers SME lending

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


Raiffeisen Bank: factoring turnover in 2011 totalled 15.8 billion...

Raiffeisen Bank Poland has maintained top spot in the Polish factoring market, noting an 18 per cent increase in annual…

#bank#crisis#poland


Bibby responds to latest trade deficit figures

Bibby Financial Services has responded to the latest Office for National Statistics (ONS) figures, which showed the UK goods trade…


CIT stops financing loans to Sears suppliers

CIT Group Inc. has decided to stop financing loans to suppliers waiting to be paid by Sears Holding Corp, according…


IFC ups PT Bank Hana investment to aid Indonesian...

The International Finance Corporation (IFC) has increased its equity investment in PT Bank Hana to help expand banking products and…


EC approves extension of Danish export credit financing scheme

The European Commission (EC) has authorised the prolongation of a Danish export credit financing scheme until 31 December 2015. (more…)


New cloud-based credit solution helps banks increase treasury deposits...

Ohio-based e2b software has announced that Anytime Collect, a cloud-based credit and collections management solution, is available for banks and…


Equinox Global appoints ex-Chartis VP to launch French arm

Equinox Global, an approved Lloyds of London cover holder specialist in trade credit insurance, has appointed Alban De Malherbe to…


PFA: Double-digit factoring growth expected to continue in 2012

Factoring turnover of Polish Factors Association (PFA) member companies in 2011 amounted to 67.1 billion zloty, 19 per cent higher than…

Shuaa Capital to expand credit finance business

Dubai-based Shuaa Capital, the investment bank undergoing major restructuring, is expanding its profitable credit finance business Gulf Finance Corp (GFC)…

#bank#banks#Credit Suisse

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