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IBK establishes status as leading bank in financing small...

The Industrial Bank of Korea (IBK) is committed to financing small- and medium-sized enterprises (SMEs) in the belief (more…)

Small firms 'crippled' by late payments – ISME

Small firms lobby group ISME said the situation was getting worse, even though there has been legislation in place (more…)


Techcombank announces new factoring service

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced yesterday that it will provide a factoring (more…)


Regional banks boosting unsecured loans to small businesses –...

Regional banks are sharply increasing unsecured lending to small- and medium-sized businesses (SMEs) in response to (more…)

#banks#interest#small businesses


SME acquires factoring business from Potential

SME Invoice Finance Limited (SME) has concluded the acquisition from Potential Finance Group PLC (Potential) of their factoring business, including…

#acquisition#banks#invoice


IDB fund approves US$5m financing to promote factoring

The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit  to support a…

#bank#liquidity#risk


Restructuring professionals give thumbs down to Bankruptcy Code revisions

Just three months before enactment of the revised Bankruptcy Code, many corporate renewal professionals are still (more…)

#bank#Bank of America#liquidity


Minsheng Bank blazes new trials for financing export SMEs

China Minsheng Banking Corp. and China Export Credit Insurance Corporation (Sinosure) have signed an agreement on cooperation in (more…)


Smaller firms pessimistic about August outlook – survey

South Korea's small- and medium-sized businesses (SMEs) are pessimistic about their business outlook for August, due to continued (more…)


Commerce Asset to merge commercial bank and finance unit

Commerce Asset-Holding Bhd (CAHB) has proposed the merger of its commercial banking business with the finance business of (more…)


Capital Reach to raise funds to complete factoring and...

Capital Reach Holdings, the firm that took over Vanik Inc.'s leasing and factoring business, is scouting for (more…)

#leasing#management#working capital


Bank of America to merge commercial and investment divisions

Bank of America (BoA) says it will combine its commercial and investment banking divisions in an effort to sell more…

#bank#Bank of America#cash management

HSBC and ministry sign US$92m small business financing agreement

Mexico's fourth-largest banking group HSBC Mexico has signed an agreement with the economy ministry to provide 987m pesos (US$92.3m) in…

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