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A US$40m (R284m) trade finance fund is being established to take advantage of opportunities presented by lack of information about Africa's SMEs. (more…)
Colombia's state-owned export development bank Bancoldex said new loans increased 11.4% from January-May compared to the same period last year. (more…)
Chile's banks are likely to see default rates continue edging up in the second half this year but they are…
The government has released US$108m towards implementation of the MSMEs project to provide strategic interventions to address major constraints that…
A recent ICC Credit 1000 Credit Managers Survey reveals that there is an increase in use of credit insurance by…
#AIG#Atradius#banks
SMEs, which are the backbone of the economy, emerged as more prone to default than other businesses and were second to corporates…
The fight against money laundering is to be widened to prevent the financing of terror and financial crimes. Factoring companies…
#financial institutions#insurance#investment
UC Factors is currently establishing affiliate partnerships and referral programs with local banks to help meet the funding needs of…
#bank#cash-flow#funding
Several MNC and Indian banks are looking at picking up stake in Mumbai-based factoring company Global Trade Finance (GTF). (more…)
#bank#exports#financial services
With non-banking financial companies (NBFCs) finding it difficult to raise funds, they have been forced to hike up lending rates…
#bank#DBS#interest rates
Entrepreneurs, owners and decision-makers in small and medium sized businesses will be offered a series of inspirational and practical seminars…
#MAN#small business#smes
Continental is using both the receivable financing and the advances to replenish inventories of condensate. As a result, they are turning over their…
#acquisition#Paid#payment terms
Allbecon Olympia AG has arranged two credit lines with a total volume of EUR 65 million. The two credit lines…