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During the first half of the year, financing offered by Limited Purpose Financial Companies (Sofoles), or non-bank banks, increased by 9.1% year-on-year in real terms, while credits supplied by commercial and development banks fell 1.6%. Since the end of 2000,...
#bank#banks#insolvency
Textile export of the country faces a problem of high export refinance rates at 5 per cent coupled with 13.1…
Colombia's largest bank Bancolombia's saw lending to SMEs grow 45% to 1.5tn pesos (US$611m) through October this year compared to…
Companies in North Kent and Essex now have access to expert invoice finance and cash flow advice following the appointment…
The Export and Import (EXIM) Bank of India has offered to extend an initial line of credit of US$10m to…
#bank#Exim Bank#exports
Poland's largest non-banking factoring company, Eurofaktor, has completed subscriptions for its Warsaw Stock Exchange debut, set to take place within…
#investment#poland
Thousands of British firms are not getting paid on time because they make basic mistakes on the bills they send…
#Atradius#cash-flow#international
Greater interest in microlending by retail and commercial banks and increased microfinancing by private firms have pushed microlending activity to…
Export Development Canada (EDC) and OJSC Vneshtorgbank (VTB) of Russia have signed an agreement to put in place a US$50m…
#exporters#exports#funding
“The programme of support for small business will be started in 2005,” Andrei Sharov of the Ministry of Economic Development…
#bank#bank loan#interest rates
Banche Popolari Unite Scrl (BPU) has agreed to sell its 50% stake in ABF Leasing SpA to Banca Popolare dell'Emilia…
#interest#leasing
Securitisations, the issuing of bonds backed by ring-fenced cash flows, are expected to set a new record in Europe this…
#bank#bonds#forum
The Government today announced the outcome of its review of the regulations facing small firms and their 'business angel' investors.…
#Access to Finance#financial services#funding