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Davenham trades a successful quarter

Davenham has recorded a record first four months with more deals done than at any time in the company's 15-year history (more…)

#acquisition#asset-based lender#management

Investment Company acquires 50pc stake in Eurokommerz Factoring Company

Eurokommertz is the largest factoring company in Russia and the CIS countries ranks first on the factoring market in the…

#bank#economy#funding


BRD sales turnover tops EUR240m in first 10 months

BRD Group's factoring department achieved a sales turnover of euros 243m in the ten months to 31 October 2006, on…


Late payment total grows 15pc annually

The Sinosure debt collection division handled 358 cases of overseas debt collection last year, compared with 184 in 2004. There…

#debt collection#international#late payment


First credit bureau in UAE opens

UAE's first credit bureau, Emcredit, which seeks to play a key role in credit risk management, has opened its doors…


CSOB Factoring elects further supervisory board member

Last week CSOB Factoring announced the appointment of (more…)

#business finance#management


Morgan Stanley supplier finance scheme to boost Sainsbury supplier...

J Sainsbury has joined forces with Morgan Stanley to establish a new payment system allowing small suppliers to receive their…

#Boost#cash-flow#conference


EU and EBRD SME Finance Facility provides EUR10m loan...

Hrvatska Postanka Banka d.d. has become the first Croatian bank to join the EU/EBRD SME Finance Facility (more…)

#bank#European Commission#funding


IFC adds Daycoval to trade finance programme

The programme provides funding for banks for short-term pre-export financing and eases access to foreign markets for midsize banks in…


SMEs' access to finance eased

The Turkish Union of Chambers and Commodities Exchanges (TOBB) and the Turkish Development Bank (TKB) signed a protocol of cooperation…

#bank#exporters#exports


Global Trade Finance firms IPO, to offer L/Cs in...

Global Trade Finance (GTF), the joint venture factoring company started by Exim Bank of India, is planning to come out…

#bank#Exim Bank#global trade


EBRD provides a loan to boost SMEs

The European Bank for Reconstruction and Development (EBRD) and Mobiasbanca are intensifying their cooperation with a new US$6m loan provided…

#bank#international#risk

Dresdner Factoring takes over competitor

Dresdner Factoring AG, a provider of factoring services for small- and medium-sized enterprises (SMEs), is taking over (more…)

#acquisition#management#receivables

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