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SME Bank hopes to lend RM400m in first year

The small- and medium-sized enterprise bank, SME Bank, hopes to disburse RM400 million of loans in its first year of operations, its managing director Datuk Azmi Abdullah said. Officially opened yesterday, the new bank is expected to meet the Government's objectives...

Excel on track for growth thanks to Enterprise Finance...

Stansted-based Excel Passenger Logistics is set to really motor after receiving £750,000 worth of funding from Enterprise Finance Europe (EFE),…

#Flexible Funding#funding#invoice


BankBoston to enter factoring

BankBoston Chile will enter the local factoring market on 15 October with the aim of capturing a 5% share by…


SME confidence index drops in September

Confidence of small- and medium-sized businesses (SMES) deteriorates slightly in September, according to a survey by Ecostat. Ecostat's SME confidence index…


Sepi and Banesto launch SME investment fund

Sepi, the Spanish state industrial holding group, and Banesto, the Spanish bank, have jointly launched a venture capital fund to…


IGF opens in Stockport

Independent Growth Finance has announced further expansion with the opening of its new premises at St Christopher House, Stockport on…


Siemens Financial Services, Inc. announces new CEO and top...

Siemens Financial Services, Inc. (SFS), the US commercial finance and leasing arm of Siemens AG, today announced the appointment of…

#bank#commercial finance#international


Kasikornbank consolidates subsidiaries in readiness for global competitors

Kasikornbank Plc, the country's fourth largest commercial bank, is consolidating its holdings in (more…)


Group merges to create Exim Bank Malaysia Bhd

The Export-Import Bank of Malaysia Bhd (EXIM) and Malaysian Export Credit Insurance Bhd (MECIB) and the two units of (more…)


Africa ‘shaping up for export insurers’

The improved economic environment of many African countries bodes well for future export insurance business, says (more…)

#bank#export credit insurance#GDP


Landsbanki Commercial Finance boosts team

Landsbanki Commercial Finance, the London-based division of Landsbanki Islands hf., has announced the appointments of (more…)

#business finance#commercial finance#international


CIT provides US$125m factoring and revolving credit line as...

CIT will provide a committed factoring line of up to (more…)

#bankruptcy#CIT#working capital

Banca Lombarda factoring division reorganisation aims to cut costs...

The bank initiated plans to merge its factoring units aiming to (more…)

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