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EBRD: Egypt needs civilian gov’t in place to allow...

The European Bank for Reconstruction and Development (EBRD) has stressed the urgency for a civilian government in Egypt, as full investments are expected to start by early next year. (more…)

#bank#banks#economy

Traditional factoring takes root in Jordan

Ilyas A. Khan, Director of Transaction Banking at Standard Chartered and Marius Savin, Director of Transaction Banking, Standard Chartered Singapore,…

#bank#exporters#invoice


Celtic Bank appoints new VP of Asset-Based Lending

Celtic Bank has announced that Michael Fiorentino has been appointed Vice President of Asset-Based Lending. (more…)


European Commission submits bank account freeze proposal

The European Commission has submitted a proposal to implement a new regime to freeze both pre and post-judgment bank accounts…

#bank#European Commission#guarantee


Venture Finance: Smaller business lack confidence to grow

Nearly half of SMEs have cash reserves available, but many see the economic climate as too uncertain for investment, according…


BoE governor: Gov’t must provide incentives for banks to...

Bank of England (BoE) governor, Mervyn King, has called for the government to set incentives for banks to boost lending…

#bank#Bank of England#credit risk


Basel III backs down on trade finance

Trade finance bankers are enjoying a big win in their battle against incoming regulations as the Basel Committee on Banking…


Accord announces factoring results for Q3 2011

Accord Financial Corp., a North American provider of factoring and other asset-based financial services to businesses, has released its interim…

#Accord Financial#Accord Financial Corp#banks


Lloyds TSB Commercial Finance supports Speedy growth

Lloyds TSB Commercial Finance has joined forces with Speedy Hire plc's (Speedy) lead arrangers to provide a £220 million asset-based…


Leumi ABL acquires Coface client portfolio

Leumi ABL Limited, the asset based lending subsidiary of Bank Leumi (UK) plc, has acquired a portfolio of clients from…

#bank#commercial finance#Leumi ABL


Funding Gates aims to change how SMEs manage account...

New York-based accounts receivable platform, Funding Gates, has launched for small businesses that offers automated screening, monitoring and collecting of…


Northern Irish SMEs set to benefit from Ј50m investment...

Companies in Northern Ireland that are struggling to gain access to bank credit could soon benefit from a new investment…

#bank#financial services#interest rates

New York top-5 in USA for Ex-Im SME financing

The Export-Import Bank of the United States (Ex-Im Bank) has announced its preliminary Fiscal Year 2011 (FY'11) figures. (more…)

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