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Bouyant market demand increases SME activity

UK small and medium-sized enterprises continued to perform strongly in the first quarter of 2007 with the rate of growth picking up slightly on the previous quarter, according to the PKF SME Index (more…)

#bank#Bank of England#inflation

CIT to acquire CITI's U.S. Business Technology Finance unit

CIT Group Inc. , a leading global provider of commercial and consumer finance solutions, announced today that it has signed…


Coface Deutschland sees turnover and profit up for 2006

Coface Deutschland, the German subsidiary of French credit insurer Coface, increased post-tax profit from €1.6m to €14.4m last year, while…


GE CF – Corporate Lending USD365m credit facility for...

GE Commercial Finance - Corporate Lending announced it has provided a US$365m asset-based credit facility to WESCO Distribution, Inc., a…


Switzerland 2006-2007 – rising insolvencies prompting corporates to protect...

Factoring market growth continues as factoring is considered the most logical form of financing for receivables and sales. Rising insolvencies…

#assignment of receivables#bank#insolvency


Blacklist matching as new challenge for the factoring industry

The consideration and fulfilment of compliance rules and regulations are a new challenge for the factoring industry. Given the challenges…

#bank#compliance#factoring industry


SWIFT awards Misys prestigious label for SWIFTNet TSU...

Misys has been named the first trade services solutions provider to win the SWIFTReady Trade Services Utility (TSU) label. The…


EU and US agree pact on transatlantic market

The EU and the US have agreed details of an economic pact to be signed off at a bilateral summit…


Atradius N.V. reports record 2006 earnings

Atradius N.V., a global player in credit insurance and collections, today reported a 27.9% increase in net profit from continuing operations…

#Atradius#emerging markets#international


Euler Hermes to enter Colombia by year-end, looking at...

German credit insurer Euler Hermes, a unit of insurer Allianz is looking to begin operations in Colombia by year-end while also…


IDB approves US$1bn loan for BNDES

The Inter-American Development Bank (IDB) has approved a US$1bn loan to Brazil's national development bank BNDES to provide financing for…

#bank#investment#smes


Baker Hill – commercial and small business loan origination...

Baker Hill  today announced that it has leveraged its business lending history and its origination platform, Bank2Business, to provide financial…

CEF to increase loans to SMEs 52% this year

Brazilian federal savings bank Caixa Econômica Federal (CEF) will increase loans to small- and medium-sized enterprises (SMEs) by 51.9% this…

#bank#Caixa#smes

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