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Transfinance appoints a new member of the board of...

Zdenek Kmonicek has been named a member of the board of directors for factoring company Transfinance. (more…)

UniCredit and Capitalia announce merger

The UniCredit and Capitalia Board of Directors today approved the merger of Capitalia S.p.A. in UniCredito Italiano S.p.A. The merger…

#banks#Clear#management


Korean SMEs third in Asia

Asian firms think Korean small- and medium-sized companies (SMEs) are the third most competitive in Asia following those in China…


Business failures decline

Korea's corporate bankruptcies dropped in April from the previous month due to a slowdown in failures among manufacturers, builders and…

#bank#bonds


New website provides comprehensive online guide to factoring

Charter Capital, recognized as one of the most flexible providers of working capital and related financial services to small- and…


GTF financial year 2006-07 net soars 117% to Rs...

Global Trade Finance (GTF), the Mumbai-headquartered full-spectrum integrated trade finance company, has reported a 117% jump in its net profit…


MDM Bank raising US$500m loan in 2 tranches

MDM Bank is planning to start syndicating a US$500m loan this week. The bank will use the loan to develop…


GTF to raise Rs 2,500 crore from domestic banks

The Global Trade Finance (GTF), will be raising an amount of Rs 2345 crore from domestic banks as well as…


Citi’s Commercial Business Group to enter transportation fleet market

Citi s Commercial Business Group announced that it is entering the transportation fleet financing business. The new division will be…


Bottomline announces expanded capabilities for accounts payable automation

Bottomline Technologies, provider of collaborative payment and invoice automation solutions, announced at the IAPP Annual Forum the availability of Bottomline…

#cash management#invoice#management


WinWholesale to power credit and collections with eCredit

ECredit, a leading provider of online solutions for credit and collections professionals, has announced that the WinWholesale Group of Companies,…

#automation#Commercial Credit#credit scoring


GTF to develop and expand factoring business

GTF will raise resources worth Rs 2,345 crore in Indian currency and USD 120 million through overseas borrowing to develop…

#cash-flow#global trade#international

Finacity facilitates extension and Increase of trade receivables securitisation...

Finacity Corporation announced that it successfully facilitated the increase and extension of a trade receivables securitisation transaction for Vitro America,…

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