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IFC to provide US$40m loan to bank for SME...

The International Finance Corporation (IFC) announced it would provide a US$40m seven-year loan facility to Argentine bank Banco Galicia.  The loan is aimed to provide Galicia with resources to increase its lending to small- and medium-sized enterprises (SMEs) with exporting...

#bank#financial institution#international

Risk quality deteriorates amid a less favourable market outlook...

The quality of sectoral risks has deteriorated moderately amid a less favourable market outlook, persistence of severe raw material and…


High-flying deal specialist joins Enterprise Finance Europe

Enterprise Finance Europe (EFE), one of the UK’s leading asset-based lenders, has recruited an economics graduate from Cambridge University to…


Lloyds TSB Commercial Finance funds MBO and acquisition of...

United Agri Products Limited (UAP), a leading supplier and distributor of agrochemicals to farmers and growers across the UK has…

#commercial finance#international#management


Coface to sell export credit insurance in Japan

French credit insurance group Coface has announced that it plans to begin selling export credit insurance in Japan, (more…)


Sidbi ties up with global bodies for revamping SMEs

The Small Industries Development Bank of India (Sidbi) has finalised an agreement with two European development agencies - DFID of…

#bank#guarantee#international


Government lowers SSI export obligation

In order to enhance the competitiveness of the Small Scale Industries (SSI) engaged in exports, the Central government has lowered…

#exports#trade


Bp Bank offers new credit products for SMEs

Budapest Bank Rt's (Bp Bank’s) corporate division announced the introduction of new products targeted at small businesses with annual revenue…


UniCredit purchases stake in Yapi Kredi

UniCredit Group said it had reached a definitive agreement for the acquisition of a 57.42 per cent stake in Yapi…


Bulgarian government hires foreign factoring company to recover debts

The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts…

#funding#management


Romanian Bank for Development nets profits from domestic factoring...

Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…

#bank#insolvency#international


Ireland needs a shake up in credit management

Ireland’s need to come out of the dark ages was what emerged yesterday at the Irish Institute of Credit Management’s…

Enterprise Finance Europe support expansion of MMF Group

Enterprise Finance Europe has provided asset-based funding for the Smethwick based MMF Group, which will allow MMF to expand further. …

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