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RBI norms on factoring in the offing

The Reserve Bank of India (RBI) is planning to create a regulatory framework to monitor factoring business in the country. The move comes close on the heels of the RBI receiving five (more…)

#bank#financial services#international

The Argument for financial-chain management

Advances in information logistics have driven huge advances in supply-chain management. It's time to apply those advances to the finance…

#bank#dilution risk#invoice


Bulgaria state-run mega bank to guarantee SME loans

The Bulgarian government has made big headway on an initiative for the creation of a state-run investment bank, which will…

#bank#banks#funding


PrimeRevenue improves SCF platform with new release

PrimeRevenue, Inc., provider of Supply Chain Finance (SCF) solutions, today announced the release of its next-generation PrimeRevenue SCF Platform ,…

#risk#SCF platform#supply chain finance


Atradius' finds Belgian companies best global trading partners

Atradius Group, in cooperation with the Financial Times Germany, has released its second report in its ongoing evaluation of both…

#Atradius#international#International Trade


Coface unit looking to more than double profits this...

The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface…

#bank#banks#insurance


GTF to take factoring to semi-urban centres

Global Trade Finance (GTF), the non-banking finance company set up to provide factoring services, whose Indian offices to date have…


Global Finance names Emirates Bank best in UAE trade...

The Emirates Bank has been named the United Arab Emirates' (UAE) Best Trade Finance Provider 2007 by Global Finance magazine,…

#bank#cash management#international


China Eximbank to set up branch in Chongqing

The Export-Import Bank of China (Eximbank) has recently received official approval from China's Ministry of Finance to set up a…

#bank#Bank of China#guarantee


EBRD supports trade finance in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is providing to KazInvestBank (KIB),US$10m under its Trade Facilitation Programme (TFP) to…


EU accession means factoring on the rise

According to the Slovak Factoring Association (ASF) 64 per cent of factoring companies clients are SMEs. EU accession, which is driving…


HSBC launches Receivables Xpress

HSBC has introduced a new receivables financing package designed to provide quicker access to funds for small- and medium-sized enterprises…

#bank#management#receivables financing

First Investors profits up USD500K

Quarterly profits were up more than 158% at Houston-based auto lender First Investors Financial Services Group Inc. last quarter, increasing…

#financial services#interest#investment

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