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Global

Factor turns to revolving credit line for funding

US factor Platinum Funding Group has received funding from JP Morgan and N M Rothschild Sons for an undisclosed amount (more…)

Coface cuts liquidity rating of Hungarian companies

International ratings agency Coface has cut the liquidity rating of Hungarian companies from A2 minus to A3, (more…)

#international#liquidity#risk


Premium Factor IPO to raise zl.30-50m

Katowice-based factoring company Premium is planning to enter the bourse at the end of 2006 or at the beginning of…


Fraudwatch Bulletin – Mishcon de Reya

In the July edition of Mishcon Fraud Watch, prepared by the Corporate Investigations Asset Recovery Group at Mishcon de Reya (more…)


HSBC named best trade finance bank

HSBC Bank Middle East Limited has been named Best Trade Bank in Middle East and North Africa (Mena) region (more…)


SMEs receive loan boost

About 90 per cent of those who received loans from SME Bank were Bumiputera small and medium entrepreneurs (more…)


Factor in Bank, Coface announce two-in-one factoring service

Polish factor, Factor in Bank, and Coface, the credit insurer, have linked up to provide a full factoring service for…


Davenham looks to Cheshire

Davenham, the finance provider for small business, has added a property specialist to its Manchester office with responsibility (more…)

#bank#small business


25pc of exporters view euro cutting transaction costs

Around a quarter of UK exporters say lower transaction costs and better pricing would result from joining the euro (more…)


Factoring facility for IT provider

Primary Funding Corporation, the receivables finance house, is providing a new factoring facility to a national IT service provider (more…)


EBRD provides finance loan to Metals Banka

European Bank for Reconstruction and Development (EBRD) is lending Metals Banka, a private bank in Serbia, (more…)


HNS Banco completes US$1.1m capital increase

Chilean bank HNS Banco has completed a peso 592m (US$1.10m) capital increase to finance its loan growth over the next…

IFC global trade finance program provides US$45m in guarantees

The International Finance Corporation (IFC) closed its fiscal year with US$45m in guarantees to Latin American banks as part of…

#bank#emerging markets#guarantees

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