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US$5 million to support factoring services to small and...

The International Finance Corporation, the private sector arm of the World Bank Group, will provide US$5 million to Factorline S.A. in Chile to support the company’s international factoring expansion and diversify its funding sources. Factorline, established in 1993, is a...

#bank#international#management

Singapore-based International Factors acquires 10% stake in Advance-Finance

Top Singaporean financial company in bid to break into Thai market, The Nation reports. International Factors (Singapore) has agreed to a…

#bank#financial services#guarantees


EDC selects Coface to provide domestic insurance coverage

Export Development Canada (EDC), Canada's export credit agency, and the Canadian arm of a worldwide business-to-business trade facilitator, Compagnie Française…


Shares drop at Banca Italease as Monte dei Paschi...

Italian leasing and factoring group Banca Italease yesterday saw its share price drop by 1.29 per cent to close at…


Value of insurance on Polish exports soars

Speaking at a conference on Monday, the chairman of the Export Credit Insurance Company (KUKE), Jaroslaw Biernacki pointed to figures…


Progressive Employer Services acquires US$5m credit line to fund...

Progressive Employer Services, a privately held professional employer organisation (PEO), announced today that it has entered into a US$5m revolving…

#bank#cash-flow#funding


Mapfre credit insurance may see profits soar by 55%...

Chilean credit insurance company, Mapfre Garantías y Créditos, is on track to increase its profits by 55 per cent to…


Kasikornbank exploits opportunities with Chinese SME businesses

In today's business environment, China has become the country of choice for companies who want to benefit from the vast…

#bank#funding#small businesses


FDA encourage creative thinking with factoring course

By Sandrine Lester, BCR's factorscan Editor The FDA has a reputation for setting a benchmark in excellence for the variety and standard of…

#commercial finance#forum#invoice


Siauliu Bank granted Ђ2 m credit line for SMEs

Siauliu Bank and the Nordic Investment Bank have signed an agreement that will grant Siauliu Bank  a credit line of…

#bank#investment#smes


MFB launches new HUF 2bn ( Ђ8,115.41) loan...

The Hungarian Development Bank (MFB) has signed a contract with Budapesti Vallalkozasfejlesztesi Kozalapitvany (BVK) subsidiary Enterprise '94 to launch the…

BRE’s new strategy focuses on small- and medium-sized firms

BRE Bank has devised a new corporate banking strategy that will focus on small and medium-sized enterprises (SMEs), instead of…

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