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Equifax announces intention to discontinue asset-based lending, factoring operations...

EquiFin reported third quarter and nine month results for the period ended 30 September, 2004. As a result of the company's 81% owned subsidiary's, Equinox Business Credit ("Equinox"), receipt of a notice of non-renewal of its operating credit facility, which...

#Equifax#management

Joint Rs 500-cr SME fund announced

Small Industries Development Bank of India (Sidbi), Punjab National Bank (PNB) and Union Bank of India are coming together to…

#bank#banks#risk


Coface seeks Indian join venture

Even as the government has been considering a hike in the foreign direct investment (FDI) ceiling in insurance to 49%,…


Better payment practice group updates advice for exporters

The Better Payment Practice Group (BPPG) has updated the exporting section of its website, www.payontime.co.uk to give businesses credit management…

#exporters#exports#management


EBRD to lend Ђ10 m to CAC Leasing

CAC Leasing will draw a loan from the European Bank for Reconstruction and Development (EBRD) of Ђ10 m. The contract…


NBS cuts key interest rates

National Bank of Slovakia (NBS) has cut key interest rates by 50 basis points. From Monday, 29 November, the one-day…


Equipment leasing event to showcase national industry associations

Equipment leasing has grown into a global industry producing nearly US$500bn in annual financings. Capital equipment markets, including healthcare, IT,…

#financial services#forum#funding


Commerce Bank live with Surecomp’s NetIMEX

Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet…

#bank#exporters#risk


Fintel plans new strategy to capture Chinese SMEs and...

Financial Telecom Limited Inc. (Fintel Group) www.fintel.com, announced today that its board of directors has appointed Mr. David Chen to…


SMEs write off nearly Ј6.5 billion a year in...

Small businesses in the UK are losing a staggering Ј6.5 billion every year due to unpaid invoices, according to new…

#commercial finance#credit protection#invoice


IGF appoints new regional sales Director

Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has promoted Mike Bailey to the position…

#bank#IGF#invoice


SMEs‘ access to formal finance needs to increase –...

A survey on small-and medium- sized enterprises (SMEs) found the SMEs in food, leather, electronics and garment sectors to be…

Societe Generale buys extra BRD stake

France's Societe Generale, majority owner of BRD-Groupe Societe Generale, bought the state's remaining 7.3 per cent last week. AVAS said…

#acquisition#bank#investment

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