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US federal judge rules Parmalat factoring of invoices ‘deceptive...

The complaint alleges the dairy company created a false revenue stream by essentially booking certain accounts receivables twice (more…)

#bank#Bank of America#Credit Suisse

SMEs fear Basel II will start credit squeeze

Small- and medium-size enterprises (SMEs) in the Czech Republic fear they will face a credit squeeze as a result of…

#bank#interest rates#international


Ex-Im Bank chairman, president steps down

Appointed by President Bush in 2002, his term as chairman ran concurrently with the presidential term that ended in January…

#bank#emerging markets#exporters


Wachovia wins state appeals case on regulation

The 31-page decision by the US Court of Appeals for the Second Circuit is a victory for Wachovia Corp., which…

#bank#Bank of America#regulation


Government grants budget increase helps fund SME projects

A total of 4,800 small- and medium-sized businesses (SMEs) received government grants worth (more…)

#Jobs#smes


Turkish Finansbank to open in Ukraine for SME lending

In 2003, the bank started lending to SMEs under a specific programme and has since approved about (more…)


China central bank deputy governor to join Eximbank

An official at the Export-Import Bank of China's press office has confirmed earlier media reports that (more…)

#bank#Bank of China#i


ECGD backs Ј2bn of UK capital goods exports in...

The Export Credits Guarantee Department (ECGD) today published its Annual Review and Resource Accounts 2004-05, revealing that some £2 billion …

#exporters#exports#guarantee


UK's first online factoring service launched

From today, companies wishing to benefit from invoice finance can cut out the middleman with a new online factoring facility…

#ABN AMRO#cash-flow#digital


Bancoldex hits H1 MSME loans target

Loans granted to MSMEs represented some 51% of the loans issued by Bancoldex in the six months from January to…


Experian announces new leadership

He has been with Experian for over ten years, most recently as the managing director of Experian's Business Information division (more…)

#bank#innovation#insurance


The Hamilton Group appoints two vice presidents, opens regional...

The Hamilton Group, a commercial finance firm providing alternative finance solutions, announced the opening of its (more…)

New money laundering and terrorist financing guidelines launched

The Joint Money Laundering Steering Group's (JMLSG) proposals would also reduce the documentation needed to verify the identity of non-personal customers…

#anti-money laundering#risk#WHO

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