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GE Capital extends $500 million factoring and ABL facility

GE Capital, the financial arm of GE, has underwritten $500 million of European factoring and US ABL facilities to support the future working capital requirements of Alcan Engineered Products... (more…)

#capital requirements#cash management#financial institution

Millennium Bank gains EBRD credit line for on-lending to...

The EBRD is increasing the availability of financing to the real economy in Romania with a 20 million credit line…

#bank#European Commission#smes


HSBC study finds Indian SMEs buoyant

HSBC s Small Business Confidence Monitor revealed the vast majority of small and medium-sized enterprises (SMEs) in India (69%) have…

#economic outlook#emerging markets#international


Abraaj Capital receives US support for SME funding

UAE private equity group Abraaj Capital has received $150m investment in its small business fund from US trade promotion agency…


EBRD supports SMEs in eastern Europe through Sociйtй Gйnйrale...

The EBRD has signed investments worth a total of 215 million with Société Générale subsidiaries across four eastern European countries…

#awards#bank#leadership


Azerbaijan commercial banks see reduction in factoring operations

This year Azerbaijani commercial banks lowered factoring operations (more…)

#bank#banks#CBA


CIMB Group to provide supply chain finance services to...

South east Asian universal banking group, CIMB, is to provide supply chain finance services to Malaysian automobile firm Perusahaan Otomobil…


Making waves in Brussels

John Gielen, the Independent Chairman of the EU Federation (EUF) and John Brehcist, EUF Co-ordinator, talk to Factorscan about the…


Shari’ah compliant factoring

Attiq ur Rehman, Head of Islamic Banking at Mashreq Bank in the United Arab Emirates, talks to Factorscan about the…


Strengthening oversight

Oliver Roelle, Consultant at efcom - the German software provider talks to Factorscan about the oversight afforded by factoring software,…


ADFIAP announces key strategies to enhance access to credit...

The Association of Development Financing Institutions of Asia and the Pacific (ADFIAP) has identified three key strategies to enhance the…


German Factoring Association reports increase in sales and customers

The German Factoring Association has reported a sharp rise in sales and customer numbers amongst its members in the first…

#bank#Boost#crisis

Bladex in plans to acquire factoring company

It has been reported that Bladex, the Foreign Trade Bank of Latin America, is currently in the process of completing…

#acquisition#bank#commercial finance

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