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Japan's UFJ Bank has announced that it will begin its factoring service for exporters later this month. The bank will grant credit to exporters by buying their receivables without the need for letters of credit or bills of exchange. This...
FDA Annual Figures released this week show that factoring and invoice discounting has now become a Ј132 billion industry. FDA…
Fortis has announced the appointment of Alexander Paklons as country manager for Poland. Alex Paklons was formerly director marketing personal…
#bank#international#poland
The government plans help small- and medium-sized companies by cutting expenses and aiding exporters to boost their share of gross…
#Boost#conference#exporters
Trade and Industry Secretary Juan B. Santos has urged small- and medium-sized enterprises (SMEs) to maximize their business potential by…
Fortis and Bank Austria Creditanstalt Leasing reached an agreement under which Fortis Lease Group will acquire BA-CA Leasing's Italian activities,…
#acquisition#bank#financial services
Jan Allen Ackley of Mason has been named vice president in the asset-based lending group at KeyBank in Cincinnati. Ackley…
Bank of America announced a change in leadership in Bank of America Business Capital, the asset-based lending arm of its…
#bank#commercial finance#conference
Chilean state-run bank BancoEstado plans to open a unit specialising in factoring during the second half this year, local press…
Siam City Bank introduced SCIB-S, a commercial loan product aimed at small businesses and entrepreneurs. Loans ranging from 300,000 to…
#bank#interest rates#small business
Posco has decided to provide an array of support programs for small- and medium-sized enterprises (SMEs) this year to become…
Spanish credit insurance company Credito y Caucion is on the verge of receiving authorisation to set up operations in Brazil.…
#Atradius#insurance#Two
Yes Bank plans to raise Rs 100-crore Tier II capital through redeemable convertible bonds. The managing director and chief executive…