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SMEs are missing opportunities for reduced risk and more...

The survey also revealed that a third of business owners rely on banks because they lack knowledge of other funding options (more…)

Factoring market will grow by 50% to NIS 4.2bn...

Israel's factoring market is expected to grow by 50% to NIS 4.2 bn in 2006, Shlomi Sarid, CEO of Clal…


BofA selects Basel II solution

Bank of America has extended its relationship with (more…)


Wells Fargo profits up 8 per cent, ABL business...

Wells Fargo Co., the fifth largest bank in the US, said yesterday that its net income grew by 8 per…


US export trade financier expands receivable financing to Mexico

US manufacturers specialising in exports to the Mexican market are anticipating spikes in equipment orders that may result in negative…


Cattles Invoice Finance deal helps technology solutions firm expand...

"The funding from Cattles Invoice Finance will enable us to expand the business and look at developing our client base,…


BCI selects NetIMEX for end-to-end trade finance automation

Surecomp, a leading provider of trade finance, factoring, cash letter and reconciliation solutions for the banking and financial market, has…

#awards#bank#management


New SME invoice discounting finance scheme launched

The bank said these products will benefit SMEs by lowering financing costs without (more…)


Fitch upgrade reflects SME lending ranking

The upgrade reflects the financial support provided by its main shareholder,  its good asset quality and its position in the…


Strong won hurts small exporters

According to a survey of 113 companies by the Korea Federation of Small and Medium Business  (more…)


ING to buy remaining shares of Handlowy-Heller in Poland

ING has agreed to buy all remaining shares in Handlowy-Heller, a leading provider of working capital finance and factoring services…


Ministry SME failure statistics ‘are fundamentally flawed’

New research shows that mall businesses are being wrongly stereotyped as having failure rates of 70 per cent or more…

#conference#GST#international

GMAC taking US$450m goodwill charge

 In an 8-K filing, General Motors stated that the impairment charge stems from GMAC's 1999 acquisition of (more…)

#acquisition#bank#commercial finance

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