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The EIB approved a €30m credit for BRD Groupe Societe Generale, with the funds intended for financing SMEs and municipalities. (more…)
Khula Enterprise Finance has boosted its asset base through a R100-million transaction with Regent Factors. (more…)
#financial services#purchase order#smes
SMEs are forecast to contribute 37% to GDP in 2010 from 32% two years ago. (more…)
#economy#exports#GDP
As the credit crunch continues to create ripples across financial markets, how can factoring take advantage of the current situation?…
#bank#Bank of England#commercial finance
The European Commission said it has cleared Fortis NV's proposed acquisition of the assets of ABN Amro Holdings NV. (more…)
YES Bank has planned an investment banking initiative exclusively for SMEs that will focus on financing. (more…)
UniCredit Factoring expects that its capital would grow over BGN 500m by the end of 2007. (more…)
#funding#invoice#Unicredit
Emerging markets are mostly insulated from the current flight to safety and liquidity in international markets. (more…)
Trade credit sector has seemingly weathered the credit crunch but Euler Hermes sees a more challenging business environment ahead. (more…)
In the first nine months of 2007, the GRENKE Group generated a volume of new business of €374.3m. (more…)
#3M#acquisition#GRENKE
A Chinese delegation, lead by experts from the World Bank, travelled to the USA, Canada and NZ to study recent…
IFG has gained seven new members from the start of the September and there are now 116 members in 52…
#bank#commercial finance#financial services
KL Finance has closed a US$30m receivable finance facility for timeshare receivables originated at the Aruban Resort Casino. (more…)