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Global Trade Finance pioneers non-recourse factoring in domestic market

Global Trade Finance Ltd. has introduced, for the first time in the country, a product that provides for domestic factoring facility without recourse and with credit protection. Global Trade Finance Ltd. is able to introduce this product following its tie-up...

Ministry of Justice to review factoring legal framework

The Ministry of Justice plans to revise the nation's lending laws that were crafted in 1896, updating them to accommodate…


ICIC ‘12.5% of debts in 2005 problematic’

In 2005, 12.5% of payments in arrears became problem debt*. The sectors most at risk were (more…)


Company liquidations fall to new record low in 2005

The number of company liquidations in Ireland fell to a new all time low of (more…)

#economy#insolvencies#Paid


Bank names head of Working Capital Finance Group

First Citizens Bank has announced the name of its new manager of the company's Working Capital Finance Group (more…)


Elcy grows senior management team

Web-based trade finance solution provider Elcy has appointed Shirley Mutter to its senior management team, following the appointment of Sabyasachi…

#bank#management#supply chain finance


Finally, small or mid-size US exporters can get the...

Collecting payments from companies in other countries involves risk and requires credit expertise. US exporters, who are reluctant to extend…


Bibby opens in Edinburgh

BIBBY Financial Services has opened an office in Edinburgh that will offer invoice factoring services to the local market.  The…

#financial services#invoice#small business


Landsbanki Commercial Finance provides funding package to Charterhouse Food...

Landsbanki Commercial Finance (LCF) has provided a £2.55 million funding line to help The Charterhouse Food Group Ltd (CFG) complete…

#commercial finance#management#regulation


Korea Eximbank loan to Alfa Bank increased to US$80m

Alfa Bank has signed an agreement with The Export-Import Bank of Korea on increasing a loan Alfa Bank received in…

#bank#banks#financial institutions


P3-B fund to support SMEs in 2006

Available funding worth P1 to P3 bn will support the small- and medium-sized enterprises (SME) sector next year. SMEs comprise…


Achef sees factoring growing 20-25% annually

The Chilean factoring industry expects business volume to grow 20-25% annually for at least the next two years due to…

#exports#factoring industry#international

Catalana Occidente ups Atradius stake

Spanish insurers Catalana Occidente and Credito y Caucion have jointly invested EUR245.44 m to buy a 25.02 per cent stake…

#Atradius#bank#Deutsche Bank

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