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Halkbank to grant loans to SMEs without complicated procedures

Halkbank, one of the largest public banks in Turkey, has prepared a package of easy loans for small and medium-sized enterprises (SMEs). The special bank credit plans within this package will be based not on the conventional banking principles, like...

#bank#interest rates#MAN

Credit Europe Bank approaches SMEs through regional centres

Credit Europe Bank, the former Finansbank, intends to attract 6,000 clients this year on the segment of small and medium-sized…


CIT announces Wolfert resignation

CIT Group Inc., a leading global provider of commercial and consumer finance solutions, today announced that Frederick E. Rick Wolfert…

#CIT#commercial finance#leadership


Landsbanki and Wachovia announce strategic ABL alliance

Today, Landsbanki Commercial Finance and Wachovia Capital Finance announced a strategic alliance enabling them to work closely on ABL transactions…


Yet another lender for Chinese SMEs

Citigroup Inc will step up efforts to court Chinese SMEs as its business in that sector generated triple-digit growth last…


Venture Finance backs GBP3.4m deal for Leicester metal fabricator

Central Metal Manufacturing Limited, formerly Midland Sheetmetal Limited, was bought as a going concern in a 3.4 million deal backed…


Brampton Crest International forms financing subsidiary White Peak Capital...

Brampton Crest International, Inc. has formed White Peak Capital Group, Inc., a wholly-owned finance company that will focus on funding for the…

#bank#international#management


Alliant predicts financial-crisis risk in eastern Europe and southeast...

Alliant’s Political Risk Index identified rising financial-crisis risk in Eastern Europe and Southeast Asia. “Trade receivables data are normally six…

#credit risk#emerging markets#political risks


Bank Respublica and International Finance Corporation strike credit deal

Bank Respublica and International Finance Corporation (IFC), a member of the World Bank group, have struck a credit deal. According…

#bank#Commerzbank#international


GE Antares Capital appoints two Senior Managing Directors

GE Antares Capital, a provider of leveraged finance solutions to middle market private equity sponsors, announced it has appointed Daniel…

#bank#corporate finance#leadership


IFS Capital seeks to list on SET

IFS Capital (Thailand) aims to become the market leader in the factoring sector and plans to list on the Stock…

#bank#commercial finance#guarantees


Kookmin in banking tie-up with SMFG

South Korea's Kookmin Bank said Friday it would form an alliance with Japan's Sumitomo Mitsui Financial Group to increase cooperation…

#ABN AMRO#bank#cash management

HSBC and Tradelink offer international trade services for SMEs

The Hong Kong and Shanghai Banking Corporation Limited and Tradelink Electronic Commerce Limited (Tradelink ) has announced the opening of…

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