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Plunging consumer confidence and borrowing intentions among small and medium businesses is giving banks a cause for concern, according to a survey from JPMorgan and Fujitsu Consulting. (more…)
During the most recent FCI Executive Committee meeting in Amsterdam, Turkish Faktoring Hizmetleri and Ultimate Finance Group plc (UK) were…
#Executive Committee#import factoring#international
Fortis, ABN Amro and Deutsche Bank have signed an agreement by which Deutsche Bank will acquire from ABN Amro parts…
#ABN AMRO#bank#credit risk
The EBRD is providing a 5-year US$50m loan to Bank CenterCredit (BCC) to support the expansion and further development of…
#bank#financial institution#management
SBI Factors, a wholly-owned subsidiary of the State Bank of India (SBI), has acquired the Exim Bank-promoted factoring company Global…
#bank#international#international factoring
Eurofactor AG has received two international awards on the occasion of the Annual Meeting of the International Factors Group in…
Eurokommerz announces that Nikolay Surikov joins the company as its CFO. (more…)
Venture Finance, a premier Invoice and Assed Based Lender, has appointed John Davis as Business Development Managers (BDM) for the…
The takeover by Bank of Cyprus of 80% of Uniastrum Bank in Russia for EUR371 mln in cash is seen…
#bank#Bank of Cyprus#liquidity
Bangladesh Bank's move to provide small and medium enterprises with easy access to loans is yet to benefit the SMEs…
#Bangladesh bank#bank#banks
GMAC Commercial Finance (GMAC CF) announced today that it has agreed to sell 100 percent of its shares in GMAC…
#commercial finance#invoice#leadership
Eurokommerz, leader of the Russian commercial finance market, announces its entry into the Commercial Finance Association (CFA). (more…)
#banks#commercial finance#emerging markets
IFC reports that on August 1 its Board of Directors will consider a subordinated loan of up to $15.0 million…