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Fitch affirms Union de Factoring Stable Outlook

Fitch Ratings has affirmed Union de Factoring's (Unifactor) National Long-term rating at 'BB(tun)' with a Stable Outlook and its National Short-term rating at 'B(tun)'. (more…)

#bank#credit risk#liquidity

Agricultural Bank of China has increased its micro-credit lending

Agricultural Bank of China has increased its micro-credit lending to Chinese farmers in the first quarter of 2010, state media…

#bank#Bank of China#funding


New initiative to improve Russian SME sector

Germany s KfW Entwiklungsbank and Russia s VEB have signed a 100mn (US$130mn) agreement to improve Russia s small and…


Business confidence among SMEs continues to rise

Business confidence among Singapore's small and medium-sized enterprises (SMEs) continued to climb in the first half of this year. (more…)

#emerging markets#international#International Trade


Factoring in Taiwan – World Factoring Yearbook

Mike Ko, Head of Receivable Finance Division, Commercial Banking at HSBC in Taiwan, provides Factorscan with an overview of the…


Rise in credit insurance claims in 2009

If you were looking for a barometer of the economy during the downturn, the rise in credit insurance claims last…


BBVA Compass extends a disaster relief program for SMEs...

BBVA Compass announced today that it has extended a disaster relief program to help assist the residents of Alabama and…

#BBVA#small business#small businesses


EIB and Sociйtй Gйnйrale partner to support SMEs

The European Investment Bank (EIB) and Société Générale have rolled out a EUR 300 million credit line in support of…


Business insolvencies dropped by 13.2%

Canadian Office of the Superintendent of Bankruptcies reports this month that the total number of insolvencies (bankruptcies and proposals) in…

#insolvencies


Moody affirms rating of Ekspo Faktoring A.S

Moody's Investors Service has today affirmed the Ba3 issuer ratings (for local and foreign currency) and the Baa1.tr National Scale…

#bank#funding#risk


Czech factoring market up 13.6% in H1 2010

Czech factoring companies financed purchase of claims for CZK50.3bn in H1, a year-on-year rise of 13.6 percent, according to data…

#economy#financial services#import factoring


Fewer UK businesses went bust in June ‘10

Fewer UK businesses went bust in June but the north-south divide in relation to insolvencies is growing, according to new…

#insolvencies#insolvency#risks

The Industrial Bank of Korea facilitates SMEs export to...

The Industrial Bank of Korea (IBK) announced Monday it has joined the Inter-American Development Bank's (IDB) Trade Finance Facilitation Program…

#bank#exporters#guarantees

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