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IFC invests USD55m in City Bank to fund SMEs

The International Finance Corporation (IFC) is providing US$55 million in a loan and trade guarantee to Bangladesh's The City Bank to help it meet the short-term foreign exchange requirements of its SME clients in the wake of a foreign-currency liquidity...

EBRD boosts funding to Bosnian small businesses with EUR8m...

The European Bank of Reconstruction and Development (EBRD) has boosted the availability of financing to the real economy in Bosnia…


Fortis CF has name change

Fortis Commercial Finance Ltd (FCF) has announced that its name is to change to BNP Paribas Commercial Finance Ltd, with…


Crisis finally reaches factoring industry

The Portugal s factoring market turnover is 41pc down, ALF reports. (more…)

#ALF#banks#crisis


Dresdner Factoring aims for more

Dresdner Factoring s Annual General Meeting confirms a very successful fiscal year, while the Board aims continue profit growth this…


Positive releases ultra positive growth

Positive Cashflow Finance has released its annual results, revealing a sharp increase in pre-tax profits. (more…)

#3M#bank#invoice


New president of Assifact is announced

Massimo Ferraris is appointed as a head of Italian Factoring Association (ASSIFACT). (more…)


Asian-based banks to grow share in regional trade finance

As the euro zone crisis progresses, major western banks give up their positions in Asian trade finance scene to finance…

#bank#Credit Agricole#exports


Natixis Factor fights back Doux’s accusations

Natixis justifies blocking EUR10 million Doux factoring funding. (more…)

#bank#banks#funding


Small businesses are paying more to borrow than a...

SME borrowing costs remain high despite government scheme. (more…)


Bibby designs new product for start-ups

Financial Services launches Small Business Cash Access funding facility as report reveals lack of funding options for SMEs. (more…)


Factorscan talks to the invoice auction and crowd funding...

  Following on from the report in Factorscan last week outlining a call for the G20 global leaders to give more…

#bank#invoice#management

HSBC names Asia receivables finance head

Ricardo Elias joins Bhriguraj Singh's team. (more…)

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