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World Bank announces development loan to improve SMEs’ access...

The World Bank has approved a US$120m loan to support the development of India's small-and medium-sized enterprises (SMEs). The loan to the Small Industries Development Bank of India is aimed at improving SMEs’ access to finance and business development services,...

#bank#management#risk management

Business insolvencies drop in 2004 – Euler Hermes

The wave of corporate insolvencies in Germany has ebbed somewhat in the course of this year but could rise again…

#insolvencies#insolvency#insurance


Wells Fargo factoring division adds to Texas business development...

Wells Fargo Business Credit’s factoring division has named Amy Cartwright as business development officer. Cartwright will provide an accounts receivable…

#Business Development Manager#financial institution#management


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…

#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

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