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Bangladeshi banks to offer factoring without separate licence

The Bangladesh Bank and South-Asia Enterprise Development Facility (SEDF) jointly organised a presentation on factoring, a new product, to introduce the credit line for small- and medium-sized enterprises (SMEs) (more…)

Italease shares close up 17% on Milan debut

Italease, the leasing and factoring company, saw its share price rise above its IPO price to close at (more…)


Bank of America Business Capital provides US$70 million asset-based...

Bank of America Business Capital announced that it provided a US$70 million senior secured credit facility to (more…)

#bank#Bank of America#cash management


Developments in the French securitisation legal framework

In terms of volume, the French securitisation market ranks behind a number of its competitors and therefore France is encouraging…

#securitisation


Credit Guarantee Corp Malaysia plans improved SME services

The Credit Guarantee Corp Malaysia Bhd (CGC), a loan guarantee scheme provider, is planning to increase its number of branches…


Islamic Development Bank announces trade financing office for OIC...

The Islamic Development Bank (IDB), the financial arm of the Organization of the Islamic Conference (OIC), will set up a…


Linklaters appoints leading US banking partner to New York...

Law firm Linklaters has announced the appointment of a recognised market leader in the field of to (more…)


New push to help SMEs access capital

Help is on the way for cash-strapped small- and medium-sized businesses (SMEs) in Bahrain. They are to get help from…


Federation of Indian Export Organisations warns export interest rate...

Following the Reserve Bank of India (RBI) Working Group s recommendation to raise interest rates on export credit in foreign…


Statutory interest rate for commercial late payments July –...

The interest rate for companies wishing to apply the late payment legislation will be for the period 1 July to 31…


SMEs feel chill as banks balk at syndicated loans

Hong Kong's small- and medium-sized companies (SMEs) are finding it increasingly tough to arrange syndicated bank loans as lenders pull…

#bank#interest rates#LIBOR


IDB financing has helped SMEs in Muslim countries

The line of credit offered by the Islamic Development Bank (IDB) has not only made significant contributions towards developing small-…

#bank#conference#guarantees

Factoring – A tool for SME finance – Dhaka...

Speakers at a seminar yesterday underscored the need for widespread use of factoring to mitigate fund constraints of small- and…

#Bangladesh bank#bank#order financing

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