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Global

Households and SMEs borrowing more

Korea's household debt grew at the fastest pace in ten months in October, suggesting higher interest rates have failed to curb borrowing. (more…)

Gilbey to step down as Executive Chairman from Charterhouse...

Malcolm Gilbey will no longer be Executive Chairman of Charterhouse Commercial Finance from 31 December 2007. (more…)

#commercial finance


Ex-GE exec joins Wolfert at Aquiline Capital Partners

Aquiline Capital Partners LLC, announced Steven F. Kluger has joined the firm as a senior advisor. (more…)

#commercial finance#financial services#international


Nine-month run of growth stalls for SME manufacturers –...

Demand for goods from UK SME manufacturers has flattened after nine months of solid growth. (more…)


Company winding up and bankruptcy petition court statistics –...

The Ministry of Justice has published statistics for company winding up and creditors' and debtors' bankruptcy petitions issued during the…

#bankruptcy#insolvency


CIT and Microsoft Financing expand global vendor financing relationship

CIT Group Inc., has announced the expansion of its global vendor financing relationship with Microsoft Corp. into the US and…


Business confidence starts to slide according to Lloyds TSB

UK firms confidence in their own business activity has deteriorated for the first time since June, according to the Lloyds…

#economy#UK firms


Concord takes flight in office sector

Venture Structured Finance provides 6.5m funding facility to office products manufacturer. (more…)


StanChart to unveil agri financing scheme for SMEs

Standard Chartered Bank plans to introduce an agricultural financing scheme next year to assist SMEs. (more…)

#bank#risks#smes


Maritime export service approved

The State Bank of Viet Nam has allowed the Maritime Bank (MB) to implement an export factoring service. (more…)


Asset-based lenders see business boost

These aren't exactly banner days for many financial companies, but there are a few bright spots and asset-based lenders occupy…


Bank of Baroda ties up with ECGC

Bank of Baroda has signed an agreement with ECGC, the only export credit insurance provider in the country, for the…

Squire Sanders signs up Speechly partner

Speechly Bircham s head of asset-based finance, Andrew Knight, has left the firm for US national firm Squire Sanders Dempsey.…

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