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Guangdong Bank to seize SCF potential

Bank of China Guangdong Branch continue to grow its export orientated business in the first four months of 2011 (more…)

Business insolvencies on the rise

Figures for the UK, recently released by Insolvency Service, showed that 5,611 companies became insolvent during the first quarter... (more…)


Hedef Finance Factoring Services operating permit has been revoked

The Banking Regulation and Supervision Agency (BRSA) has announced it revoked an operating permit of Hedef Finance Factoring Services, Inc.…

#banks#leasing#regulation


GE Capital hires former Lloyds’ ABL chief

GE Capital has appointed Neil Kerridge as originations director at its corporate structured finance team (more…)


Late payments situation shows no signs of improvement

Independent Workers Association predicts the100 thousand small businesses will go bust as a result of payment delays (more…)


Business turnover at highest point since 2007 – but...

Manufacturing sector turnover highest since Index began Sixty one per cent of businesses hopeful for future (more…)

#financial services#GDP#invoice


HSBC to start Supply Chain Finance programme in India

HSBC India launches a new system-based Reverse Factoring proposition, known as Supplier Invoice Finance Scheme (SIFS) (more…)


Financing through factoring increased by one third

Factoring volume has gown 32 per cent on the back of the rise of market interest in finance (more…)


Deutsche Bank to finance businesses in Chongqing

Deutsche Bank opens its fifth branch in China (more…)

#bank#cash management#Deutsche Bank


Credit Agricole to provide Ј51.4 million ABL facility

Credit Agricole Commercial Finance, the UK receivables arm of Credit Agricole, has delivered a 51,440,000 Asset Based Lending facility to…


Polish factoring – no signs of slow down

Polish factoring volume increased by more then 20 percent in the first quarter of 2011, according to the Polish Factors…

#bank#commercial finance#ING


Alternative credit products to boom as conventional products dwindle

Banks continue to increase awareness of asset based finance and other alternative credit products, while cutting on traditional lending. (more…)

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