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Eximbank to increase loans and guarantees after record year

The Export-Import Bank of Korea plans to increase its loans and debt payment guarantees for companies to a record (more…)

AsiaTrust gets funding for expansion to extend SME services

AsiaTrust Development Bank has secured financial backing from the Asian Development Bank (ADB) to allow it to extend its services…


Euler Hermes to enter insurance guarantees segment

The insurance company is a market leader in the insurance of domestic and foreign obligations (merchant loans). In 2006 it…

#guarantees#insurance


Singapore 2006-07: Financing open account trade still key for...

Banks will continue to feature prominently in the Singapore factoring industry and are keen to expand their financing of the…

#bank#exporters#International Trade


China 2006-07: New chapter begins for domestic and foreign...

China's factoring industry entered a period of consolidation last year. The rapid pace of development was replaced by a more…


Dresdner Factoring poaches Close Finance MD

The Supervisory Board of Dresdner Factoring AG has decided to strengthen the management team at Dresdner Factoring AG and appointed…


New COO for Experian Northern Europe

Experian, the global information solutions company, has announced the appointment to Chief Operating Officer for Northern Europe (more…)


Greek EFG Factors opens office

The factoring market in Bulgaria is expected to grow fast in the next few years (more…)


Czech factoring market grows 25 pct in 2006

The Czech factoring market increased by over 25% in 2006 to (more…)


GE Commercial Finance launches new ABL unit, underlines alternative...

GE Commercial Finance's Business Finance (GECF BF) division is launching a dedicated asset-based lending (ABL) unit targeting (more…)


Chile 2006-07: Government support remains crucial for SMEs and...

Factoring has only been available in Chile for about 15 years and hence the industry is at a relatively immature…

#bank#financial services#international


UK 2006-07: Modest growth for the world's biggest market

The UK invoice finance market continued to grow in terms of turnover, advances and client numbers last year (more…)

#bank#Bank of England#interest rates

Small businesses can stimulate growth by acting bigger –...

Small businesses are the foundation of the UK economy. Of the estimated 4.3 million companies in this country, over 99…

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