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Global

CRISIL assigns 'AA' rating on Global Trade Finance

The ratings on Global Trade Finance Limited s (GTF s) debt issues continue to reflect strong financial, managerial, and operational support received from its largest shareholder (more…)

#bank#management#risk

VR Leasing factoring turnover up 27% in 2005

VR Leasing, the subsidiary of German co-operative bank DZ Bank, recorded a 16.6 per cent increase in operating profits to…


Spain and UK surge forward; Italy and Germany in...

Germany and Italy will be among the slowest growing economies in Europe over the next decade, but prospects for Spain…


GMAC rating still in question

General Motors could show tangible progress by the end of March in its efforts to sell a stake in its…

#bank#interest#investment


Securitisation market in the doldrums

According to Moody's, the US investor services company, the value of France's securitisation transactions fell last year by more than…


Citigroup to acquire stake in rating agency

Citicorp Finance (India) Ltd today signed an MoU with SMERA, a rating agency for small firms, to jointly promote the…


EXIM Bank aims to expand SME lending to 40%

The Export and Import Bank of Thailand (EXIM Bank) is planning to give more emphasis to small- and medium-sized enterprise…


HNS Banco credit rating outlook upgraded to stable

HNS Banco is a joint venture between Chilean businessman Jacob Ergas and US financial services firm GE Capital and focuses…

#bank#financial services#leasing


US commercial lender opens first private accounts receivable service...

A commercial lender providing lines of credit, factoring, purchase order and trade financing to small- and medium-sized businesses (SMEs) has opened…

#management#purchase order#smes


Wells Fargo leads new asset-based US$85m facility to Veritas...

Veritas DGC has entered into a new five-year US$85 million revolving loan agreement with a syndicate of banks led by…


New factors, new markets target double-figure growth in 2006

Central and Eastern Europe's SMEs will lean more on factoring and invoice discounting in the next five years, research by BCR…


Josef Tauber, of the Czech Export Bank, on changes...

Josef Tauber, General director, Czech Export Bank commented on the impact of the expected changes... (more…)

HSBC seals Laiki share transfer

The fact that Laiki Bank concentrates more on retail banking, in addition to its other strengths - including factoring, leasing…

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