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Record number of countries represented at Madrid RFIx 2006

The 6th Receivables Finance International Conference Exhibition (RFIx) will witness a record number of countries in attendance during the three-day event held next month in Madrid... (more…)

#commercial finance#conference#international

Driving new sales from within – Heliium Finance

David Richards and Mark Wignall, co-founders of Independent Growth Finance (IGF), along with Richard Keenan and Mike Bailey, former IGF…


Ministry to revise credit guarantee system

The Economy, Trade and Industry Ministry is to classify bank loan guarantee rates paid by small- and mid-size firms (SMEs)…

#bank#bank loan#management


China to launch company credit database in H1

The People's Bank of China says that China aims to establish a nationwide credit database. The information gathered on corporate…

#bank#Bank of China#banks


GM seeking quick deal for finance unit

General Motors is putting pressure on its negotiators and investment banks to reach an outline agreement to sell a majority…


Bibby announces acquisition of UK's leading factoring brokerage

Today the Bibby Financial Services Group announced that it has acquired the UK’s leading factoring brokerage, Factoring UK Ltd (more…)


Fortis Bank to sell factoring and leasing subsidiaries

Fortis Bank A.S announced that it will sell its 99% stake in Fortis Factoring for (more…)


Davenham H1 pre-tax up on higher turnover

Small business loans company Davenham Group PLC reported first half profits up on sharply higher turnover... (more…)


Coface announces consolidated revenues up 7.7% in 2005

The Coface Board of Directors met on 21 February 2006 to approve the financial statements for the 2005 financial year…

#credit risk#exports#international


Loans to companies reach record high

Korean banks' lending to small- and medium-sized companies (SMEs) reached an all-time high last month, the country's financial watchdog announced…


Close Invoice Finance named 'UK's best factor'

Close Invoice Finance has been awarded the title of Best Factoring & Invoice Discounter Provider for 2006 by Business Moneyfacts. Barclays…


Global Trade Finance plans IPO next year

Global Trade Finance, 40% owned by Exim Bank of India, plans to come out with its initial public offering (IPO)…

GE sells stake in Heller Factoring

Spain's third-largest bank, has announced it has purchased a stake in Heller Factoring from US conglomerate General Electric (GE) for…

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