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Investors who poured US$2.5 million into U.S. Funding were told their money would go toward buying other companies' accounts receivable but they weren't told (more…)
Turkey's total volume of factoring increased 48.8 per cent in 2005, according to Factors Chain International (more…)
IT solutions provider 3i Infotech Ltd yesterday acquired Bangalore-based Datacons Ltd for nearly Rs 40 crore (more…)
#acquisition#automation#international
Fortis and An Post have announced today that they have signed (more…)
Netherlands, Mexico, and Bulgaria Upgraded. Iceland, New Zealand and Thailand placed under negative watchlist according to (more…)
Continental commands a 54% market share in the credit insurance market, which is only serviced by two other companies (more…)
#asset management#insurance#investment
The Export Guarantee and Insurance Corporation (EGAP) is seeking a strategic partner for its commercial insurance subsidiary. EGAP, the state-owned…
Independent Growth Finance (IGF), the UK factor, has promoted regional sales manager Kelly Hamill to regional sales director for the…
Term lending to small and medium-sized enterprises has risen 11 per cent in 2005, according to the British Bankers Association…
Commercial banks may get to heave a sigh of relief with the Reserve Bank of India (RBI) planning to extend…
#bank#banks#risk
SMEs have been increasingly demanding loans over the last few years. Last year we saw a big demand for loans…
#bank#interest rates#SME lending
ING Commercial Finance Polska says it could become the leader in the factoring market within a year and increase turnover…
#bank#commercial finance#ING
The EBRD has extended a credit line worth US$2m to an Azerbaijani financial institution to help provide financing specifically for…
#bank#financial institution#small businesses