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SME credit guarantor proposes backing factoring and leasing activities

A guarantor of credit to SMEs will expand its activities to include guarantees on factoring and leasing transactions as well as (more…)

Organisational and management changes at Fortis General Secretariat

Fortis general secretary, has proposed to the chairman and the CEO to amend (more…)


Fortis to increase focus on sustainable development and social...

Fortis regards a further improvement of its performance in the area of (more…)


EBRD takes stake in private bank, lends US$2.5m for...

The European Bank for Reconstruction and Development (EBRD) is taking a US$900,000 stake in (more…)


Atradius comments on new EU Accounting Directive amendments

The European Parliament has passed strengthened accounting rules to increase transparency and to avoid some of the pitfalls of the…

#Atradius#management#regulation


Financial controller faces invoice discounting irregularities tribunal

The complaint relates to irregularities in the operation of an invoice discounting facility at (more…)

#invoice


Report on AIM listed Davenham Group

By Andrew Griffiths, managing editor of the Aim & Ofex Newsletter Davenham is a money lender created from a management…


Bibby Financial Services strengthens its Scottish offer

After six highly successful years in Scotland, Bibby Financial Services has further extended its range of products by introducing (more…)


Immelt's GE likely to go on European spree

Georg Knoth, the head of the General Electric's German unitsays that GE is likely to make acquisitions in financial services…


Accounts receivable fraudster to pay US$145m and serve 20...

A man who continued to offer bogus investments in accounts receivable factoring after being ordered to stop by a federal…


Trade credit insurer sees scope for more business in...

In the UK only 10,000 companies take out credit insurance, at a time when (more…)


Coface reaps the benefits of its Chinese linkup

Two years on from a landmark deal in China, trade credit insurer Coface is delighted with (more…)

Head of asset-based lending group to retire

Wells Fargo Co. has announced that the head of its asset-based lending group, plans to retire at the end of…

#commercial finance#financial services#investment

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