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Trade finance has a new player

Venture Finance, the UK invoice finance provider, has launched Venture Trade Finance (VTF). Brian Colvill has been given the job of... (more…)

Fortis posts forecast-beating Q2 net before divestments, driven by...

Belgo-Dutch bancassurance group Fortis NV posted forecast-beating second quarter net profit before divestments driven by its banking operations and said…


Manufacturing output up, but recovery fragile says CBI report

Manufacturing output in the UK picked up in the last three months, ending 18 months of weakness. But the upturn…


Credit risk wake up call as business failures keep...

The total number of business failures so far this year stands at 9,538, 8.9 per cent more than in the…


CCB plans overseas purchase

Local Chinese-language newspaper Sing Tao Daily yesterday quoted market sources as saying that China Construction Bank (CCB) is planning to…


Banks becoming less important in financing UK exports, says...

UK exporters are turning away from their banks as a source of financial advice. The research found that only (more…)

#Atradius#bank#exporters


Wells Fargo hires BDO for newly acquired Commerce Funding

Wells Fargo has named its vice president of business development for its newly acquired Commerce Funding Corporation (CFC) (more…)

#bank#commercial finance#financial services


HSBC appoints new director for trade services

HSBC Bank Malaysia Bhd has appointed Vivek Gupta as director responsible for growing its trade services market share (more…)


Economic bedrock cracking says factoring report

New Zealand SMEs are struggling to grow due to increasing cash flow pressure, a slowing economy and limited ability to…


DBV-Winterthur and Atradius join forces

German insurance company DBV-Winterthur is to cooperate on the German market with Atradius, the credit insurance company. The collaboration sees…


Pekao Faktoring greedy for growth

Although the company is the leader of the sector, it does not mean that it will grow faster than the…

#acquisition#management


Fortis finalises the acquisition of Innotrade Leasing Rt. and...

Fortis has confirmedthat it has finalised the acquisition of the two Hungarian sister leasing companies, Innotrade Leasing Rt. and Takleasing…

IGF launches payroll service

Independent Growth Finance, the independent commercial finance provider, today announced the launch of its new payroll service, aimed specifically at…

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