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Euler to provide cover for joint Rosselkhozbank and AKA...

Insurance coverage for the joint projects will be provided by insurance agency Euler Hermes, whose representatives attended the agreement signing ceremony (more…)

#bank#Commerzbank#Deutsche Bank

OCF to extend accounts receivable factoring services to the...

Ozarks Capital Funding has launched a factoring product for the healthcare industry (more…)


Foreign majors want a slice of growing factoring pie

Given the increasing demand for factoring services, foreign players such as Development Bank of Singapore (DBS) and GE Capital are…


HSBC lowers forward cover threshold to assist more SME...

The Hongkong and Shanghai Banking Corporation has lowered its internally fixed threshold for offering forward cover to $50,000 per consignment…


King Capital Corp. to expand asset-based lending

The King Capital Corporation announced that its board of directors has approved a plan to redirect the company's business activities.…

#financial services#international#investment


Accountancy Investigation and Discipline Board opens Mayflower hearing

The first public hearings of the Accountancy Investigation and Discipline Board opened with allegations of irregularities in the use of…

#invoice


Export Credit Office flops with only five guarantees

The Export Credit Office has proven to be a flop, with the value of export deals guaranteed this year amounting…


Alliance Bank to focus on growing SME business

Alliance Bank Malaysia Bhd is looking to grow its small- and medium-sized enterprise (SME) business in the current financial year,…


Barclays receives banking licence to operate in Qatar

Barclays Bank has announced that it has been granted a banking licence by the Qatar Financial Centre Regulatory Authority to…


StanChart launches Express Trade loan facility

Standard Chartered Bank Malaysia Bhd (StanChart) has launched a new loan for small businesses and expects it to help drive…

#bank#conference#guarantees


International factoring business to grow by 30 – 35%...

Chile's factoring industry will see international operations grow by 30 - 35% annually over the next few years, according to…

#exporters#international#international factoring


Analysts forecast 20 per cent growth in factoring market...

After posting turnover of LTL 5.65bn last year, Lithuania's factoring market will expand by another 20 per cert in 2006,…

Bankruptcies up in H1 2006 – Coface

A total of 658 bankruptcy proceedings started in the Czech Republic in the first half of the year, the first…

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