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Global

High growth forecast for inland regions but rich-poor gap...

China's future areas of high economic growth will be found inland and not so much in the current booming coastal regions, according to one of the most detailed regional studies (more…)

Platinum announces factoring hat trick

Platinum Funding Group announced today that in the past seven days it entered into three factoring agreements to provide working…

#confirming#management#Vice president


Phased liberalisation of insurance guarantee market anticipated

The Korea Development Institute presented a plan about opening Korea's guarantee insurance market, currently a monopoly of the state-run Seoul…

#guarantee#insurance


Coface unit premiums top US$6.7m in Q1

The Brazilian subsidiary of French credit insurer Coface closed the first quarter this year with reais 15m (US$6.71m) in premiums,…

#Caixa#insurance


EWC likely to extend terms of Siam General Factoring...

Eastern Wire Plc (EWC) is likely to allow Siam General Factoring Plc (SGF) to extend its loan repayments to the…


Ex-Im Bank approves US$300 million to support US exports...

Following recent positive developments in the Nigerian banking sector, the Export-Import Bank of the United States (Ex-Im Bank) has approved…

#bank#exporters#guarantees


ACR raises working capital

ACR Group, the US-based heating and refrigeration supplier, has secured working capital from (more…)


Wachovia leads in small business lending

Wachovia Corporation announced that it became the No. 1 small business lender within its markets by dollar volume, based on…


JEREMIE to improve SME access to finance

The Ministry of Finance of the Slovak Republic and the European Investment Fund (EIF) have signed a Memorandum of Understanding…

#bank#EIF#guarantees


GMAC renews syndicated bank facilities

General Motors Acceptance Corp. (GMAC), the financial arm of automaker General Motors Corp., has renewed two syndicated bank facilities totalling…


BPPG announces interest rate for commercial late payments

The Better Payment Practice Group (BPPG) has advised businesses wishing to apply the late payment legislation that (more…)


Wells Fargo factoring division names new BDO

Wells Fargo Company has named a new vice president of business development for Wells Fargo Business Credit's Factoring division, responsible…

#commercial finance#factoring industry#funding

World Bank gives 3.5bn cedi to SMEs through Ghana...

The World Bank presented the second tranche of prizes to 21 small- and medium-sized enterprises (SMEs) whose projects and business…

#bank#banks#international

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