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Standard and Poors downgrades Factoring Corporativa

Rating agency Standard and Poors (S P) has downgraded its rating of Mexican factoring firm Factoring Corporativo S.A de C.V. to (more…)

Akbank secures syndicated loan to enhance trade finance

Akbank has secured a loan from a syndicate of 50 international banks, including ING and Bank of America Merrill Lynch.…


Commonwealth Bank of Australia to offer trade finance from...

Commonwealth Bank of Australia (the Bank) has opened its first Indian branch in Mumbai, providing trade finance (more…)


HSBC in talks to acquire majority stake in Nedbank

HSBC have confirmed that they are in discussions with Old Mutual Plc for the acquisition of a majority stake in…

#funding#invoice#management


AIB to target Bank of Scotlands SME customers in...

AIB today announced that it is targeting Bank of Scotland (Ireland) SME customers seeking to replace their banking arrangements following…


Citibank, OPIC and Banco Regional support SMEs in Paraguay

Citibank, Banco Regional and the Overseas Private Investment Corporation (OPIC) have signed an agreement to fund the development of (more…)

#bank#banks#international


Russian factoring volume reaches 185.5 rubles in first half...

The Russian factoring industry achieved total factoring volumes of 185.5 billion rubles in the first half of 2010, according to…

#international#international factoring#receivables


EBRD supports SMEs in Kyrgyz Republic with loans to...

The EBRD has disbursed KGS 112 million to two of the top microfinance institutions in the Kyrgyz Republic for on-lending…

#bank#liquidity#microfinance


Marks and Spencer implements supply chain finance

UK retailer Marks and Spencer is launching a supply chain finance service to help suppliers cope with the company's extended…

#bank#payment terms#supply chain finance


EDC launches financial assistance scheme to help SMEs boost...

The Dubai Export Development Corporation (EDC), an agency of the Government of Dubai s Department of Economic Development, has launched…

#exporters#exports#international


IFC supports SMEs in Mexico through FinTerra

IFC, a member of the World Bank Group, has signed an agreement to support FinTerra in its efforts to develop…


IFC to support SMEs in Vietnam

The International Finance Corporation (IFC) is providing Thien Viet Securities with a $5 million loan to help the (more…)

Factoring Security S.A presented with quality and excellence award

Factoring Security S.A, the factoring subsidiary of Grupo Security, has been awarded a National Award for Quality and Excellence for…

#management#security

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