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World Bank is Banking on Turkey with USD 500...

The World Bank has allocated a total of USD 500 million to the Second Access to Finance for Small and Medium Enterprises (SMEs) project for Turkey. (more…)

A difficult road to recovery

George Karagiannopoulos, General Manager at Eurobank EFG Factors in Greece, talks to Factorscan about the ongoing crisis in Greece, reasons…


A challenging return

Michel Mollard, Member of the Board of Management at Euler Hermes, provides Factorscan with an insight into the changing credit…

#bank#financial services#international


Exporters and importers' economic confidence in decline

UK importers and exporters are concerned that spending cuts will threaten the fragile economic recovery, a city expert warns in…


HSBC assesses a bid for Nedbank Group

According to a Sky News exclusive, HSBC Holdings plc, the financial services corporation incorporated and headquartered in the UK, is…

#bank#banks#financial services


Companies rush for political risk insurance

The growing demand for political risk and trade credit covers is driving the premium income for credit insurers ... (more…)

#credit risk#political risk#risk


Euler Hermes enhances its political and trade risk cover

With a view to providing major export companies with all the solutions they need to secure their trade, Euler Hermes…

#Atradius#bank#exporters


Apparel companies are seeking to fund growth

Bibby Financial Services (BFS) has seen an uptick in apparel companies that are seeking factoring facilities to fund growth. (more…)

#cash-flow#financial services


Atradius releases extra resources to support SMEs

Trade credit giant Atradius is set to release 2bn in extra credit to the UK small and medium-sized enterprise (SME)…

#Atradius#forum#smes


New survey reveals the cost of human error

35% of Accounts Payable departments have not paid suppliers due to internal finance errors 24% know their own organization has…

#accounts payable#cash-flow#international


HSBC Amanah opens its first dedicated Islamic banking branch...

HSBC Amanah yesterday opened its first branch dedicated to Shariah compliant products and services in Qatar. (more…)

#bank#banking services#international


CIT Appoints Chief Financial Officer

CIT Group Inc. today announced the appointment of 43-year-old Scott T. Parker as Executive Vice President, Chief Financial Officer effective July…

Irish Banking Federation supports SME loan scheme

Initial proposals of a loan guarantee scheme for SMEs are due to be presented to cabinet by Enterprise Minister Batt…

#banks#guarantee#guarantee scheme

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