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Millennium set for return to factoring elite

Eighteen months after the acquisition of Forin, Millenium Bank is returning to the fray of the factoring market (more…)

#acquisition#bank

The Better Payment Practice Group launches DiAgnostic questionnaire to...

The Better Payment Practice Group (BPPG) has added a new diagnostic questionnaire to (more…)

#bankruptcy#cash-flow#insolvency


Finance Credit boss pleads guilty to fraud charges

Torgeir Stensrud, one of the founders of the scandal-ridden Finance Credit collection agency, claimed (more…)

#banks#MAN


Ministry in measures to keep SMEs afloat

The Small Business Credit Guarantee Trust (SBCGT) has paid the claims of 171 small- and medium-sized enterprises (SMEs) which failed…

#guarantees#small business#smes


Spanish company buys Swiss Re holding in Atradius

A Spanish insurance group today announced that it has bought Atradius shares for (more…)


Absa launches R30m SME fund

Banking group Absa has announced it is establishing a R30m Small Business Fund to provide finance for entrepreneurs who (more…)


Central bank cuts base rate

Hungary's Monetary Council has cut the central bank base rate by (more…)

#bank#Two


Bancуldex is on a track to reach SME lending...

Colombia's state-owned export development bank Bancóldex is on track to reach its goal of pesos (more…)

#bank#small businesses#SME financing


FCI’s Jeroen Kohnstamm discusses international factoring potential in Latin...

Brazil has the largest growth potential for international factoring operations in Latin America, Jeroen Kohnstamm, secretary general of Netherlands-based Factors…

#bank#financial services#international


Competition Authority report proposes better banking terms for SMEs

The Competition Authority will this week put forward recommendations on making it easier for businesses to (more…)

#bank#financial institution#interest rates


Factoring business gains impetus in India, SMEs to benefit...

The factoring industry in India is finally coming out of its embryonic stage with several private banks, such as (more…)


$25 Million Commitment from United Capital Funding Corp. for...

United Capital Funding Corp., a St. Petersburg, Florida Commercial Accounts Receivable funding firm announced today that it has pledged a…

#bank#conference#management

Atradius net profit up 25% in H1 2005

Atradius N.V., a global leader in credit insurance and credit management, today reported a 25.4% increase (more…)

#Atradius#management#receivables

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