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SBI to create Rs500crore PE fund for SMEs

The public sector banking major State Bank of India (SBI) is now planning to cater to the fund requirements of the small- and medium-sized enterprises (SME) sector, which often faces unfair treatment from the banking sector when it comes to...

#bank#banks#capital requirements

EIB extends Ђ40m loan for SMEs funding

The European Investment Bank (EIB) extended a 40m loan to Privredna Banka Zagreb (PBZ), Croatia's second largest commercial bank, to…

#bank#funding#investment


RBS to resell Accountis’ e-invoicing service to corporate customers

Accountis Ltd, a Fundtech company (NASDAQ: FNDT) and leading global provider of secure financial document exchange and payment systems, announced…


Venture Finance increases North West presence

Venture Finance, a premier Invoice and Assed Based Lender, today announces that it has appointed Martin Clark as Business Development…


Business failures set to rise by almost 20 per...

The number of UK companies becoming insolvent over the next two years is likely to be worse than expected, according…


GMAC Financial Services names Chief Credit Risk Officer

GMAC Financial Services has named Rajinder (Raj) Singh to the newly created role of chief credit risk officer. In this…


CIT Elects Alexander T. Mason President and Chief Operating...

CIT Group Inc., a leading global commercial finance company, today announced that Alexander T. Mason (56) will become the Company's…


ICIEC posts 71pc rise in business insurance

The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group,…

#bank#ECI#export credit insurance


Austria Bank to provide Credit Guarantee Funds in Bulgaria

The Austrian Bank Creditanstalt is providing 10m free service for the project Establishment of Fund for Credit Guarantee The Cabinet…


PrimeRevenue's supply chain finance platform drives US$30bn in payments...

PrimeRevenue, the leading global provider of Supply Chain Finance (SCF) solutions announced key performance milestones today. (more…)

#bank#cash management#management


20% of enterprises have credit insurance

One-third of the Hungarian companies thing that their clients payment morals are bad, while foreign companies have a better esteem,…


SME loans growth slows in May

Growth of South Korean banks monthly loans to small- and medium size enterprises (SME) slowed in May from April, snapping…

Receivables Exchange to address evolving role of receivables finance...

The Receivables Exchange (www.receivablesXchange.com), the world's first online marketplace for real-time trading of accounts receivable, announced that Nic Perkin, President…

#conference#international#liquidity

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