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Euler Hermes plans to cut jobs

Euler Hermes SA plans to eliminate 300 jobs by the end of 2009 to save euro 16m p.a. (more…)

EIB provides euro 50m loan to CIB for SME...

Central-European International Bank has announced that the European Investment Bank will grant it a euro 50m long-term line of credit to help…


CIT completes acquisition of M&A advisory firm

CIT Group confirms that it has completed the acquisition of Edgeview Partners, a leading independent M&A advisory focused on serving SME's. (more…)


Exporters deserve a lot more credit

With the US dollar continuing to weaken against most major currencies, and with unrelenting cost pressures at home, Irish firms are…

#emerging markets#exporters#exports


Cash in hand- how factoring helps the small fish...

Success comes with its own set of problems. Ask DK Sharma, DGM-finance at Advance Detergents, a leading manufacturer of surfactants…


West Coast Bank a leader in small business administration...

West Coast Bank was recently recognized as a leader among banks in Oregon and SW Washington. (more…)

#acquisition#bank#banks


Transfac Capital retains web design team for invoice factoring...

Transfac Capital has retained the web design team and search engine optimisation experts at Utah Web Services to completely overhaul their existing…


Capital Corp of the West buys Bay View Funding

Capital Corp of the West is buying Bay View Funding, a factoring business headquartered in San Mateo, CA with five business…


Atradius opens credit insurance office in Lugano

Atradius now services its customers in the Italian speaking part of Switzerland from its new office in Lugano. (more…)

#Atradius#international#management


Factoring market up 17 per cent in H1

The Czech factoring market rose by 17 per cent year-on-year to nearly Kc60bn at the end of June, according to…

#import factoring


GMAC CF appoint global head of international factoring group

GMAC Commercial Finance has appointed Ian Watson as Global Head for the International Group, overseeing all of the Commercial Finance International Factoring…

#commercial finance#international#International Trade


Labour Fund and Shamil Bank launch low-profit lending scheme

The first batch of small-and medium-sized enterprises (SMEs) in the Bahrain Kingdom received a BD12.5m as the Labour Fund and…

EU opens in-depth probe into Hungarian export-credit scheme

The European Commission said it has opened an in-depth probe into a planned scheme providing export credit guarantees to Hungarian SMEs…

#bank#guarantee#guarantees

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