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RBS strengthens team with four key appointments

Four new appointments at the RBS Tees Valley Team.   (more…)

#bank#Corporate banking#invoice

Manufacturers more pessimistic in wake of credit squeeze

Manufacturers have become more pessimistic about the business environment in the wake of the credit crunch. (more…)

#Access to Finance#exporters#interest rates


ICIC says exporters face bad debts

Israeli Credit Insurance Company Ltd. says that exporters had US$275m in debts more than 30 days in arrears at the…


Fortis may outsource factoring to Cap Gemini Poland

Fortis will outsource the processing of incoming bills from suppliers to Cap Gemini in Poland, according to the daily De Standaard.…


State Securities completes asset deal

State Securities has completed its largest ever asset finance transaction at STG4.8m. (more…)

#cash-flow#funding#Two


Cash Flow Partners transfer clients to Bibby

Cash Flow Partners are ensuring that their customers are able to continue to trade, with the transfer of the client base to Bibby.  …


India’s ICICI Bank gets nod for US branch

ICICI Bank has received the green signal to convert its representative office in NY into a full-fledged branch. (more…)

#bank#banks#ICICI Bank


Coface appoints a new general director

Tomas Jurik is the new general director of Coface.  (more…)

#acquisition#international#management


RON100m from budget added to SME sector

The budget of the Ministry for SMEs, Trade, Tourism and Liberal Professions has been increased by 31% for 2008. (more…)

#bank#banks#investment


Support of EUR1.65m for 11 SMEs

Board of Directors of the Development Fund adopted the decision on credit support for 11 SMEs worth EUR1.65m. (more…)


EIB lends EUR40m for SME projects and towns

The European Investment Bank is lending EUR40m to Hrvatska Banka za Obnovu I Razvitak  to finance indirectly the smaller projects of SMEs…

#bank#banks#i


BoB opens subsidiary in Trinidad & Tobago to service...

Public sector lender Bank of Baroda has opened its wholly-owned subsidiary in Trinidad Tobago at Port of Spain. (more…)

Factoring services yet to gain popularity

Factoring financing is yet to become popular with business and industry after its introduction more than 15 years ago, according to…

#bank#credit risk#international

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