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Banco Rнo aims to double SME lending

Argentine bank Banco Río announced that it expects to double its small- and medium-sized enterprises (SME) loan portfolio in 2006 to (more…)

#bank#banks#small businesses

New President for Slovak Factoring Association

The presidency of the Slovak Factoring Association (ASF) has passed from VUB Factoring to (more…)


Statistics release: Insolvencies in the fourth quarter 2005

Statistics showing insolvencies in the fourth quarter 2005 are published today by the Insolvency Service. Company Liquidations There were (more…)


FIMbank first to be granted top status with IFC

FIMBank is committed to introducing Factoring services in various countries, especially in emerging markets, where it is (more…)


Sidbi ties up with 12 banks to raise credit...

The Small Industries Development Bank of India (Sidbi) has tied up with 12 commercial banks to set up small enterprises…


ING closes Handlowy-Heller acquisition

Dutch financial services group ING Groep NV said on Thursday that it had completed its acquisition of Handlowy-Heller (more…)

#bank#commercial finance#financial services


Besleasing e Factoring report 2005 net income up 11%

Banco Espirito Santo (BES) yesterday announced its 2005 results, which show net income (IFRS) reached €280.5 million in 2005, despite…

#international#leasing#smes


Bancolombia buys local factoring company

According to a filing to the local stock exchange, Colombia's largest bank Bancolombia has bought a 98.57% stake in the…

#bank#leasing#Two


Cash flow report points to improving conditions for UK...

The latest Euler Hermes UK Cash Flow and Profit Report suggested that financial conditions at companies across the UK private…


Factoring for cross-border clients: Eurofactor and European Pass

No one will deny that the demand for factoring to help finance businesses has been growing rapidly for several years. …


Output grows for sixth month in row – CIPS/RBS

Manufacturing activity grew for the sixth month in a row in January as domestic demand picked up the slack following…


Citigroup chief sheds light on GMAC bid

Charles Prince, chief executive of Citigroup, yesterday shed some light on the bank's involvement in the auction for General Motors…

Demand for credit insurance up as political risk in...

Political risk in Russia is rising, causing Israeli exporters to increase demand for credit insurance, says Clal Credit Insurance (more…)

#exporters#exports#insolvency

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