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Fraser Irvine appointed new business development manager for Venture...

Asset based financier, Venture Finance, today announces the appointment of Fraser Irvine, as business development manager for its Leeds office. Fraser's main role at Venture will be to source new business within the mid market. He brings with him a...

#Business Development Manager#guarantee#guarantee scheme

Dawnay Day increases stake in Ultimate Finance

Activist investment boutique Dawnay Day has lifted its stake in factoring firm Ultimate Finance. Dawnay Day has picked up 540,000…

#investment#unpaid invoices


Nacion to boost SME export and import financing next...

Argentina's largest bank, federally owned Banco Nacion, plans to boost its export and import financing operations for small-and medium- sized…


CIT names Brian J. Dunlap executive vice president of...

CIT Specialty Finance, an operating group of CIT Group Inc. and a leading direct and indirect provider of global financing…

#CIT#leadership#leasing


BRD – Groupe Societe Generale – increase factoring volume...

In the first nine months of 2004, BRD – Groupe Sociйtй Gйnйrale recorded a volume of Ђ80m from factoring operations,…


Citigroup sells asset-based lending unit to GE for US$4.4bn

Citigroup Inc. has agreed to sell a unit that lends to the trucking industry to General Electric Co. for about…

#leasing#Two


French bank in 100% loan deal with Vietnamese machinery...

BNP Paribas bank of France has signed an agreement to lend US$164.5m to the Vietnam Machinery Installation Corp. (Lilama) to…


OTP draws 50 per cent of CEB loan to...

The Council of Europe Development Bank (CEB) is providing a Ђ100 m loan facility for Hungary's largest commercial bank OTP,…

#bank#interest#interest rates


Number of venture capital transactions in 2004 overtakes 2003...

There were 35 venture capital transactions in Hungary during the first 11 months of the year, up from 25 during…

#economy


Chamber and credit agency to rank SMEs looking for...

Small companies in the Czech Republic can now have their financial health evaluated by an independent credit agency. A project…

#bank#banks#risk


IGF and DCD announce merger timetable and new board...

Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…


HSBC and DBP to support microfinance sector

The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial…

#ADB#bank#international

Asia Development Bank to guarantee banks’ clients export-import activity.

The Technological and Commercial joint-stock bank (Techcombank) and the Asia Development Bank (ADB) have signed an agreement on cooperation in…

#ADB#bank#exports

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