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Coface appoints managing director for UK and Ireland

Coface has announced the appointment of a new managing director of its UK and Ireland businesses. Jon Lindsay, who was the country director for UK and Ireland for the credit insurer Atradius, will take over from Malcolm Guest, who has...

Texas factor signs new asset-based loan agreement for energy...

Frost Capital Group, a division of Cullen/Frost Bankers, Inc., a financial holding company headquartered in San Antonio, have set up…


First M&F Corp. reports improved earnings in 2004 despite...

First M&F Corp. reported today that net income for the quarter ended December 31, 2004 was US$2.640 million, or US$.58…


General Electric names 37 firms for UK legal panel...

General Electric (GE) has unveiled its first ever legal panel in the UK following an innovative online auction tender that…


Natexis Factorem consolidates market share in competitive environment

The main change in Group (Natexis Banques Populaires) structure compared with 2003 is Coface's acquisition of ORT, the French subsidiary…

#financial services#information systems#international


Canbank Factors Q3 net up 50% , factored volume...

Canbank Factors registered a 50 per cent growth during the third quarter of the fiscal year ended 31 December 2004…


EXIM Korea announces plans to expand trade financing

The Export-Import Bank of Korea has announced that it plans to increase trade financing to 13.5 trillion won (US$13 bn)…


CIT Group's profit jumps on unit gains

CIT Group Inc. said yesterday that its profit jumped 31 per cent in the fourth quarter, as improvements at its…


Spring launches loan scheme tied to risk profile

Spring Singapore has launched a financing scheme that allows participating institutions to tailor the interest rates on loans to a…

#awards#interest rates#smes


Government loans to target high-tech firms

The government said yesterday it would limit its special loans for small- and medium-sized companies (SMEs) to high-technology firms beginning…


New 800m Bhat education fund aims to create 18,000...

The Thai Industry Ministry has set aside a budget of 800 million baht over two fiscal years to meet the…


Two banks propose entering factoring, leasing sectors

The Peruvian banking regulator SBS is currently studying requests submitted by two local financial institutions interested in the factoring and…

#banks#financial institutions#leasing

New government aims to promote SME development in UN...

The government promised on Thursday to put more focus on the development of small- and medium-sized enterprises (SMEs) in the…

#Asian Development Bank#bank#interest rates

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