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Government to use PHARE funds for SME loans

The Lithuanian Government has resolved to allocate the remaining LTL 29m from the PHARE assistance programmes (more…)

#banks#financial services#SME loans

IGF launches Commercial Development Loan Facility

As part of Independent Growth Finance's continued strategy for development and growth, and in response to meeting the needs of…

#IGF#Independent Growth Finance#insolvency


Bankruptcy filings drag down accounts receivable management industry

The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, fell in…


Singapore's DBS receives Dubai banking licence

 DBS said it will initially offer wholesale banking products and services including asset management and trade finance activities (more…)


Sterling Bancorp completes acquisition of leading credit and accounts...

Sterling Bancorp  today announced that it has completed its acquisition of the business and assets of a leading provider of…

#bank#financial services#management


Dutch factoring and credit management company adopts BEA's software

A Dutch factoring and credit management company has adopted BEA Systems' service-oriented architecture to use with its medical factoring process…


Bibby appoints business development manager for Leicestershire

Leading business cash flow provider, Bibby Financial Services has appointed a new business development manager for the Leicestershire region. In…

#Business Development Manager#cash-flow#financial services


Herbert’s new model army will lift SA industry hopes

Roger Herbert, one of the most experienced debtor finance professionals in South Africa, is adamant the industry he has served…


GMAC goes to hedge fund control for $14bn

General Motors (GM) has sold its 51 per cent controlling interest in GMAC, the finance provider, to a consortium of…

#bank#international#liquidity


GMAC CF wins Israel-based factoring deal

The Commercial Services Division of GMAC Commercial Finance (GMAC CF) has closed a collection factoring agreement with Israel-based (more…)


Banco Internacional sees profits up 10% in 2006

Chilean bank Banco Internacional aims to boost 2006 profits 10% from 2.01bn pesos (US$3.87m) posted last year. Banco Internacional is…

#bank#Bank of America#banks


BDO Stoy Hayward 'Industry Watch' backs Chancellor's stable economy...

The latest Industry Watch report from accountants and business advisers BDO Stoy Hayward predicts a business failure rate of just…

Davenham names group financial controller, poaches Bibby's NE operations...

Davenham Trade Finance, the AIM-listed diversified finance group, is spreading its commercial reach in the UK with the appointment of…

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