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Global

Senior executive appointment in Mainland China

Dicky Yip, chief executive China Business of The Hongkong and Shanghai Banking Corporation Limited has been appointed vice president of Bank of Communications. The appointment was approved by the Board of Bank of Communications on 5 April 2005 and is...

Tri-S Security Corporation announces US$6.5m line of credit with...

Tri-S Security Corporation, a provider of contract guard services to various Federal government agencies pursuant to long-term contracts had entered…

#funding#interest rate#LSQ


Factoring in the Czech Republic increases in popularity

While small- and medium-sized enterprises (SMEs) still prefer bank loans to regulate cash flow, companies are increasingly turning to alternative…


DCD Factors report pre-tax profit up 36%

DCD Factors plc, the London-based factor and invoice discounter, has released results for the year to 31 December 2004 showing…

#factoring industry#invoice#management


Senior appointment at Lloyds

LLOYDS TSB Commercial Finance has appointed Donna McMillan as senior client manager for Scotland. Manus Fullerton, director of corporate and…


HNS opts for BanComex Trade Finance solution

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, today announced that…

#bank#international#international factoring


CIT reports solid start to 2005

CIT Group Inc the commercial and consumer finance group reported net income of US$210.4m for the first quarter 2005, an…

#CIT#commercial finance#leadership


Bibby Financial Services helps businesses get moving

Bibby Financial Services, a global provider of business cash flow solutions, has launched a unique new trade services offering, providing…

#commercial finance#financial services#smes


The Better Payment Practice Group research reveals that 42%...

Research by the Better Payment Practice Group (BPPG), has found that two fifths of businesses are risking bad debts by…


HSBC strengthens its structured trade finance business in Asia...

The Hongkong and Shanghai Banking Corporation Limited has appointed Bruno Lechevalier as head of structured trade finance Asia-Pacific, with effect…


Banque Sanpaolo to join SME banking group and change...

The supervisory board of French bank Banque Sanpaolo is discussing the bank's strategy for the period between now and 2007.…


SULONG loans target set at P310bn in 5 years

The government is targetting a total of P310bn (US$5.7bn) allocation up to 2010 under the SME Unified Lending Program for…

Loan guarantee organisation offers platform for coordinating loans to...

Colombian loan guarantee organisation Fondo de Garantнas de Antioquia (FGA) has invited all the country's banks and chambers of commerce…

#banks#guarantee#small businesses

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