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ICBC to lend CNY 60bn to Beijing SMEs

The Industrial and Commercial Bank of China (ICBC) pledged to offer CNY 60bn in loans to 1,000 small- and medium-sized enterprises in Beijing over three years (more…)

GE Commercial Finance acquisition cleared by EU

The European Commission said it has cleared the proposed acquisition by GE Commercial Finance of (more…)

#acquisition#commercial finance#European Commission


Supply chain finance intelligence unit launched

Innovations from financial institutions and technology providers can help companies release millions of dollars of value trapped in their financial…


Vietnam Eximbank gets factoring go-ahead

The Vietnam Export-Import Bank, or Eximbank, has been approved by the central bank to provide factoring services after (more…)

#bank#banks#interest rate


Landsbanki and GE Capital factoring arrangement supports acquisition of...

With debt financing underwritten by GE Capital Commercial Finance and Landsbanki of Iceland (more…)

#acquisition#bank#commercial finance


New factoring provider stakes claim

A US-based financial consultant has launched a receivables finance service. Noble Associates Consulting, a provider of SAP and Oracle E-Business…


Thirty Export Credit Agencies gather to review strategies

The Export Credit Agencies (ECAs) of 30 countries and the Secretariat of the Berne Union are attending a three-day meeting of…

#exporters#exports#international


GMAC targets 20pc market share with regional expansion

GMAC wants to have a 20% share of the factoring market. Network development is supposed to be a key to…


EBRD helps support SME sector and improve trade finance

Entrepreneurs across Macedonia will have more financing instruments to expand their businesses with the support of a EUR1m trade finance…

#bank#financial services#international


Coface aims at 38pc premium growth and new factoring...

Coface do Brasil will end 2006 with close to reais 3m in premiums, which represents a 50% market share (more…)

#3M#bank#banks


MFB approves loans worth Ft 270bn this year

The state-owned Hungarian Development Bank Zrt (MFB) approved loans worth more than Ft270bn by early December, the bank's management announced.…

#bank#investments#management


Big Lots reveals supplier finance deal

US retailer Big Lots is to deploy a new supply chain finance platform for its suppliers. Prime Revenue, the provider…

#bank#cash-flow#SCF platform

International Factors Group continues to grow

International Factors Group has announced its continued expansion with the (more…)

#commercial finance#Efcom#financial services

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