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RBI to license independent factors

The Reserve Bank of India has announced a new category of non-banking financial companies - Nonbanking Financial Company-Factor (NBFC-Factor). (more…)

#assignment#assignment of receivables#bank

Banks to expand mobile services to unleash SME market...

Nearly 80pc of banks, surveyed by Fundtech, see higher demand for new services from SME sector. (more…)


French factoring market slows down

French factoring growth in H12012 is down by more then a half.  (more…)

#exports#international#international factoring


Caixa signs agreement with Federation of Agricultural Cooperatives

The president of the Federation of Agricultural Cooperatives in the Region of Murcia (FECOAM), Santiago Martinez Gabaldon, and territorial executive…


New market gets stronger

Costa Rican factoring market reaches USD220 million turnover. (more…)

#bank#guarantees#international


APEC banks reaffirm cooperation to better serve SMEs

Thirteen banks from the Asia Pacific Economic Cooperation (APEC) bloc serving mostly small and medium enterprises (SMEs) reaffirmed their cooperation…


Atlantic opens Irish office

Atlantic Risk Management Services Limited expanded by opening a new office in Dublin. (more…)

#management#risk#risk management


CIT closes CAD 515m receivables securitisation

CIT Group Inc., a US-provider of financing to small businesses and middle market companies, has closed a C$515million (US$511million) equipment…


Financial businesses to embrace ‘offshoring’

Three in four financial institutions offshore their operations, a new study reveals study. (more…)

#accounts payable#banks#financial institutions


Micro businesses improve faster then their larger counterparts

High growth SMEs show signs of leading the way out of recession, says Bibby Financial Services. (more…)

#financial services#recession#small businesses


International Factoring gets government support

The Russian Government has approved an action plan that includes development of international factoring in Russia. (more…)


FCI publishes awards list

Factors Chain International has released the list of 2011-2012 Award winners... (more…)

New function for Cyril Charbonnel within Coface Group

Cyrille Charbonnel is appointed Chief Operating Officer of the Coface Group. (more…)

#management

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