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A subsidiary of US firm CIT has received Rmb1.8bn from a consortium of Chinese banks to fund new vendor finance originations in China. (more…)
#bank#Bank of China#CIT
Trade-credit insurers such as Euler Hermes SA (ELE), Coface SA and Atradius NV are expecting 2011 to be another exceptionally…
#Allianz#Atradius#bank
According to the new agreement between InoLife and Bibby Financial Services, the receivables financier will provide credit facilities to InoLife…
Specialist professional services consultancy firm Begbies Traynor has announced it suffered a disappointing year as the market for UK corporate…
#3M#insolvencies#insolvency
New figures released today from the Asset Based Finance Association show invoice finance is out performing all other types of…
#asset based finance#bank#funding
Capital Business Credit LLC, a global integrated financial products and services company, today announced the purchase of the loan portfolio…
Finance departments in the West Midlands are being warned to be cautious of a rise in supplier fraud (more…)
Coface doesn t expect the current low rate of insolvencies to last for long (more…)
#conference#insolvencies#recession
Assurant Solutions names new head of European business unit (more…)
Liverpool shipping line and financial services group Bibby has recorded a 46% increase in operating profits of 40.8m for the…
ABN AMRO announced on Friday that it had reached an agreement with BNP Paribas Fortis on the sale of the…
#ABN AMRO#ABN AMRO Commercial Finance#commercial finance
Today, ABN AMRO announced that it has reached an agreement with BNP Paribas Fortis on the sale of the non-Dutch…
#ABN AMRO#ABN AMRO Commercial Finance#bank
Coface’s Country Risk Conference, held at the Emirates Stadium in London on Wednesday, looked at the ‘Opportunities in Trade’ emerging…
#conference#exporters#exports