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Finnvera forms SME financing division

Finnish export credit agency Finnvera has merged two units to form one SME financing division, GTR reports. (more…)

#SME financing#Two

Ex-Im Bank announces SCF Programme with GE Capital

The Export-Import Bank of the United States (Ex-Im Bank) has announced that GE Capital will participate in the Bank's Supply-Chain…

#bank#exporters#exports


ECJ: VAT waived for banks selling non-performing loans

Banks will no longer have to pay VAT when selling non-performing loans to other entities, such as foreign subsidiaries, other…


Bibby promote new director

Invoice finance specialist Bibby Financial Services has promoted Mark Riches to sales director for its international trade finance business. (more…)

#exporters#Flexible Funding#international


EBRD loan Ђ25m to BPS to finance SMEs

The European Bank for Reconstruction and Development (EBRD) is lending the leading Polish cooperative bank association, BPS, up to 25…

#bank#MSME#small business


New EBRD disbursement for MSMES in the Kyrgyz Republic

The European Bank for Reconstruction and Development (EBRD) is continuing to support the development of SMEs in the Kyrgyz Republic…

#bank#microfinance#risk


SME Bank loan approvals up 62 per cent

The SME Bank has approved loans totalling RM1.3 billion as of September this year, a 62 per cent increase over…


Duff & Phelps expands European presence with acquisition of...

The Duff Phelps Corporation, an independent financial advisory and investment banking services firm, has acquired MCR. (more…)

#acquisition#banking services#insolvency


Lloyds TSB CF supports MBO of Encon Group

Lloyds TSB Commercial Finance has provided a £35 million receivables finance line to partly fund the management buy-out (MBO) of…

#bank#commercial finance#Lloyds Bank


Mashreq appoints new head of SME banking

Mashreq, one of the UAE's financial institutions, has appointed Hameed Noor Mohamed as their new Head of SME Banking. (more…)

#ANZ#bank#management


SME loan rejections in UK quadrupled during crisis

The proportion of small British firms which were turned down for bank loans quadrupled between 2007 and 2010 and was…


Trade industry officials: Basel changes need to go further

The Basel Committee has not gone far enough in its review of trade finance under incoming regulations, according to prominent…

Credit insurance: to sell or not to sell?

Roger Gilmore, Newstead International, answers the invoice financier s conundrum to sell or not to sell credit insurance? (more…)

#insolvency#international#invoice

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