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Global

IDB unit sets US$225m capitalisation target to expand offering

The board of directors of the Islamic Corporation for the Insurance of Investment and Export Credit voted to increase the organisation's current capitalisation by 50%.  (more…)

M&A in the accounts receivable management industry nears USD1bn

Merger and acquisitions in the accounts receivable management industry has maintained a fast pace through the second quarter and exceeded last year's results…


D&B Israel reports an increase in late payers in...

D&B Israel reports that the number of companies paying late rose in June. (more…)

#banks#economy#Paid


Menzies to open North-West restructuring operation

Menzies Corporate Restructuring have announced the opening of offices in Manchester as they plan to bring their skills and expertise to the dynamic…

#banks#insolvency#management


Platinum Funding provides US$3m factoring financing to KCK

Platinum Funding Group completes a factoring facility for KCK which became distressed due to a high concentraction of its receiables with one…

#accounts payable#bank#invoice


Directors and RBS invoice finance MBO helps brick firm...

One of the UK's leading brick merchants has further cemented its growth credentials with the acquisition of two companies. (more…)

#acquisition#bank#invoice


Fitch affirms Imperial Bank’s rating

Fitch Ratings affirms Imperial Bank's national long-term and  short-term rating. (more…)


DnB Nord to focus on leasing and factoring operations...

DnB Nord has prepared its development strategy through to 2009, which assumes a merger with BISE and indicates the direction…

#bank#banks#channel


Banks losing out in structured financing for commodity transactions

The Indian economy continues to register rapid growth with huge expansion in commodity trade, with rising production, consumption and often…

#banks#economy#funding


Wells Fargo business credit/factoring makes three hires

Wells Fargo Business Credit's factoring division announced three additions to its national business development team. (more…)


Plantersbank offers financing to SMEs at Cebu IT park

SME's helped by Planters Development Bank investment in a 40-hectare industrial park in Naga town.  (more…)

#bank#exporters#investment


Financing costs to rise in South Korea as the...

SME's in South Korea are likely to be hit with higher financing charges after the central bank raised interest rates to a…

#bank#banks#bonds

HSBC opens flagship SME and International Banking Centre

HSBC has officially opened its flagship SME Centre and its first commercial banking International Banking Centre (IBC) in Hong Kong.…

#bank#cash management#international

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