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Bank of Queensland purchases CIT ANZ

Australian financial institution Bank of Queensland Limited (BOQ), and CIT Group Inc yesterday signed a purchase agreement under which BOQ will acquire (more…)

#bank#business finance#CIT

Piraeus Bank Romania enters factoring market

The Romanian branch of Piraeus Bank has entered the factoring market with the launch of a product targeted at (more…)


Garanti Factoring reports growth in first quarter earnings

Garanti Factoring has reported a 23 per cent increase in earnings for the first quarter, with a net profit of…

#cash-flow#factoring industry#supplier finance


World Bank to support SME finance sector in Bosnia...

Bosnia and Herzegovina is to receive 70 million from the World Bank to fund the Project of facilitating the small…

#Access to Finance#bank#banks


BaltCap and EIF boost SME sector in Lithuania with...

BaltCap has attracted private fundraising for the first ever risk capital fund to invest into Lithuanian SMEs. (more…)


Capital requirements for the banking sector could harm SME...

The new capital requirements for the banking sector risk harming SME finance unless their impact on the real economy is…


Halkbank and TOBB provide funds for small firms

The Turkish Union of Chambers and Commodity Exchanges (TOBB) and Halkbank are to provide over (more…)


Canadian Wachovia and Wells Fargo ABL units merge under...

Wells Fargo Company today announced that it has brought together its asset-based lending units in Canada with that of Wachovia,…


ADB approves loan to MSE lenders in Uzbekistan

The Asian Development Bank's (ADB) Board of Directors has approved a loan of (more…)


EBRD helps Albanian leasing firm expand SME services

The EBRD is supporting the development of the leasing sector in Albania with a (more…)

#Access to Finance#funding#GDP


Japanese exports rise 43.5 per cent

Japan s Ministry of Finance have reported a 43.5 per cent increase in exports in the last twelve months, with…

Letters from Uncle Sam IV

In the last of his series examining the US factoring industry, Mark Mandula, Managing Director of United Capital Corporation outlines…

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