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In the last few months the volume of bad business debts that are more than 60 days overdue has doubled. (more…)
#bank#economy#Nordea
Emerging economies risk taking a harder hit than so far anticipated from the slowdown in major industrial countries, the Bank…
Nigeria has been advised to emulate Japan in transforming its economy through the Small and Medium Enterprises (SME s). (more…)
#Jobs#Produce#smes
Feeling the chill from the US subprime crisis, Chinese exporters such as Zhejiang New Oriental Fastener Company no longer take…
#exporters#management#payment terms
The Bangko Sentral ng Pilipinas (the Philippine central bank) expects the commercial banking sector's stock of bad loans to end…
#bank#banks#crisis
The State Bank of Pakistan (SBP) has decided to provide the following relief in respect of refinance availed by exporters…
Union National Bank (UNB), one of the UAE's leading banks, has announced the launch of a new product that offers…
FCI is pleased to announce that Coface Greater China Finance Ltd. has joined Factors Chain International. (more…)
#import factoring#international
The Export-Import Bank of the United States (Ex-Im Bank) has established a new program to enable approved lenders to increase…
TD Bank Financial Group (TDBFG) is pleased to announce it has signed a definitive agreement to acquire the Asset Based…
#ABN AMRO#bank#management
China Merchants Bank released their first quarter reports today, announcing a 38.82 percent rise to US$2.71bn in the trade finance…
#bank#trade
Bristol-based ultimate finance has announced an expansion into international factoring - a new market for the company. (more…)
#bank#financial services#international
Factoring has become the main source of growth for Coface, with a double digit potential growth anticipated over the next…
#bank#debt collection#management