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Iraqi banks modernise lending techniques.

Following technical assistance and training from the Izdihar project, two Iraqi banks have introduced changes to strengthen customer relationships and streamline loan processing (more…)

#bank#guarantees#management

Fitch affirms Export Development Bank of Iran rating

Export Development Bank of Iran provides working capital, buyer's and supplier's credit, project finance, letters of credit and guarantees (more…)


Red Castle Recoveries sold to Nordic invoice discounter

With operations in the Nordic countries, Gothia offers arrange of invoice discounting, debt purchase and collections services across the region…

#acquisition#debt collection#invoice


Platinum Funding provides factoring facility for Certus Software

Platinum Funding Group has announced a factoring facility for an industry-leading provider of governance, risk and compliance software and services (more…)

#accounts receivable finance#cash-flow#risk


Experian-Scorex appoints country head for Greece and the Balkans

Experian-Scorex, the global decision analytics business of Experian, has appointed a new market head for Greece and the Balkans (more…)

#management


Muskat Finance announces net profit increase, proposes cash dividend

The board of directors of Muscat Finance has adopted the financial statements for the year 2006 and recommended (more…)

#bank#leasing#security


Allianz to close six Euler Hermes offices

Allianz, the German insurer, has revealed that it will close down six of the 17 offices of its subsidiary Euler…


ADB to invest up to USD3m to support SME...

ADB will make an equity investment of up to US$3m in a company specialising in guaranteeing loans for small- and…

#ADB#guarantee#guarantees


Lancashire finance firms scoop top accolades

The Lancashire Dealmakers Awards annual ceremony attracted finance professionals from across the county to (more…)


National Factoring Company Issues Rouble-denominated bonds

Experts think rouble-denominated CLN are of interest to foreign investors and the issuer, in turn, has the chance to place…

#bank#bonds#interest


GE Corporate Lending provides USD200m asset-based finance to toy...

GE Commercial Finance - Corporate Lending today announced it has provided a US$200m asset-based credit facility to the largest mall-based…

#commercial finance#liquidity#working capital


Venture Structured Finance funds Precision Engineering MBO

The management team at Precision Engineering Ltd (PEL) has acquired the business via an MBO. Funding was provided by Venture…

South Africa 2006-2007 – Factoring becoming increasingly important

There are developments currently in progress to produce an industry wide electronic interface system that will enable factors to receive…

#bank#interest rates#invoice

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