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Siemens: A new player in UK receivables finance

Siemens Financial Services, the asset finance unit of Siemens Group, has created a new business division to focus on invoice finance and block discounting (more…)

#Derek Ryan#financial services#invoice

Rabobank acquires two banks in Indonesia

Netherlands-based Rabobank Group signed an agreement today to acquire ownership of the holding companies that own two Indonesian banks (more…)

#bank#banks#management


Supply chain finance transactions top $13bn

Orbian, the US-based supply chain finance group, has processed over $13bn in transactions (more…)


CIT Group set to strengthen position say analysts

CIT Group is expected to report earnings of $1.16 a share, up from $1.03 reported in the year-ago period, according…

#CIT#international#leasing


UK publisher secures refinancing from GECF

GE Commercial Finance's Business Finance unit has provided a working capital finance package to UK publisher (more…)


Lloyds TSB CF claims factoring refund first

Lloyds TSB commercial finance is claiming a first for the UK factoring industry by offering new customers a full refund…

#bank#commercial finance#invoice


Construction, the late payment culprit says Venture

Building firms are the slowest settlers of outstanding invoices, according to a survey of recruiters (more…)

#invoice#invoice financier#late payment


HSBC to drive supply finance expansion with new recruit

HSBC says the appointment of a new head of trade finance for Singapore demonstrates its commitment to expanding supply and…

#bank#supply chain finance#supply finance


Coface ups credit risk measure on six countries

Coface, the credit insurer, has noted a slight deterioration in global country risk during the second quarter 2006, which has…

#bank#exports#interest rates


BB bets on new line of export financing

Brazilian federal bank Banco do Brasil (BB) is betting heavily on a new line of credit for small- and medium-sized…

#bank#exporters#exports


SME Bank approves RM400m for loans since January

SME Bank has approved more than RM400m for small- and medium-sized enterprises (SMEs) loans since the start of the year…


Eurocapital receives BBB debt rating

Feller Rate has assigned its BBB/Level 2 rating to Chilean factoring company Eurocapital's peso 5.45bn (US$10m) commercial debt (more…)

HC in confidential working capital deal

Hennessey Capital (HC), a US-based working capital provider, has provided a confidential funding package to an IT consultant (more…)

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