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Growth in factoring reported as 182 per cent yearly

Within the competitive climate of the modern banking system, factoring has been growing at a staggering rate of 182 per cent a year. Although it remains the most dynamic class of asset, factoring still only managed to retain a 0.7...

#bank

HSBC joins Infonavit credit scoring alliance

The Mexican unit of British bank HSBC announced it had joined a small business credit scoring alliance with government home…

#bank#banks#interest rates


New ING subsidiary enters leasing market

The Hungarian ING Group has recently launched a new business branch. The activities of ING Lease Hungary encompass (more…)


State to establish guarantee fund for SMEs

The state will establish a guarantee fund in August as an instrument for financial support to small- and medium-sized enterprises…

#bank#economy#guarantee


Factoring to gain from amendment

The government is drafting an amendment that would allow companies to factor their debts owed to (more…)


Erste Bank launches factoring subsidiary

Erste Bank Hungary has added a factoring company to its subsidiaries, following approval by financial market regulator PSzAF, the bank…


Fourth SMEs Fair opens

Head of the National Agency for Small and Medium Enterprises, Eugen Ovidiu Chirovici, yesterday opened the fourth SME Fair, which…


Factoring and insolvency specialists join Bermans commercial lawyers

Manchester and Liverpool commercial lawyers Bermans have been joined by (more…)


Exim Bank of China books strong growth

The Export and Import Bank of China has become the world's third-largest official export credit institution, after (more…)

#bank#Bank of China#channel


The Banker awards Nordea's e-invoice Retail Payments Solution of...

he Banker magazine, a leading banking industry publication owned by the Financial Times Group, has awarded Nordea's electronic invoicing system…


StanChart serenades SMEs with one-stop-shop approach

Standard Chartered Bank (SCB) has created a virtual small- and medium-sized enterprises (SME) bank by combining (more…)


Measures issued to regulate SME board

Six new measures to regulate the small- and medium-sized enterprise (SME) board will be issued by the Shenzhen Stock Exchange…

TradeIndia.com launches new online trade security service

Keeping in step with the growing popularity of e-markets, TradeIndia has announced the launch of its new online service (more…)

#exporters#security#trade

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