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Second foreign bank enters factoring market in Vietnam

The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide factoring services for local enterprises, becoming any the second foreign bank carrying out the service after the German Deutsche Bank....

#bank#banks#Deutsche Bank

Ceska Sporitelna’s SME loans top CZK 20bn in 2004

In 2004, Ceska Sporitelna provided new loans for small- and medium-sized enterprises (SMEs) totaling CZK 20.2 bn. The overall portfolio…

#bank#investment#management


BPB provided BRL 29m in micro loans

Brazilian micro credit bank Banco Popular do Brasil (BPB) has reached 1.2 million clients after one year of operation, parent…

#bank#WHO


Two new appointments strengthen team at leading European invoice...

Fortis Commercial Finance, part of the international Fortis banking, insurance and investment group, is pleased to announce the appointment of…


Banks struggling to shed bad SME loans

South Korea’s major commercial banks are suffering from overdue loans to households and small- and medium-sized enterprises (SMEs). Of banks,…


ICCB's help for tsunami SMEs

The International Chamber of Commerce - Bangladesh (ICCB) has set up a Reconstructing Small Business Fund (RSBF) to extend assistance…


Venture Finance announces record profits and expansion

Venture Finance today reveals another record year, with pre-tax profits of Ј8.45m - a 36 per cent increase on 2003.…

#invoice#invoice financier


US Bank introduces “fees paid” SBA loan programme

US Bank has introduced a new "fees paid" SBA loan for small business customers utilizing the flagship 7(a) guaranteed loan…

#bank#financial services#small business


North Little Rock factoring company’s law suit accuses Tennessee...

A North Little Rock based factoring company filed a civil suit in US District Court for the Eastern District of…


Sidbi, PB and OBC to set up a rating...

"Punjab National Bank, Oriental Bank of Commerce and Small Industries Development Bank of India will set up a rating agency…


GE Commercial Finance Corporate Lending adds originator to Texas...

GE Commercial Finance Corporate Lending announced that it has named Paul W. Patrick as senior vice president of origination for…

#bank#commercial finance#international


India and Italy set bilateral trade target of Ђ5bn...

India and Italy have set a bilateral trade target of Ђ5bn, which Commerce and Industry Minister Kamal Nath said, was…

#forum#investment#smes

Export insurance programmes in Hong Kong

The great majority of Hong Kong exporters do not have credit insurance, but trade on an unsecured or letter-of-credit basis.…

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