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Citigroup Inc. has agreed to sell a unit that lends to the trucking industry to General Electric Co. for about US$4.4bn in cash. The business provides financing, leasing, and asset-based lending. It has about 600 employees, two-thirds of whom are...
#leasing#Two
BNP Paribas bank of France has signed an agreement to lend US$164.5m to the Vietnam Machinery Installation Corp. (Lilama) 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
There were 35 venture capital transactions in Hungary during the first 11 months of the year, up from 25 during…
#economy
Small companies in the Czech Republic can now have their financial health evaluated by an independent credit agency. A project…
#bank#banks#risk
Having completed a review of both the Independent Growth Finance (IGF) and Dynamic Commercial Finance (DCF) operations the board has…
The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial…
#ADB#bank#international
The Technological and Commercial joint-stock bank (Techcombank) and the Asia Development Bank (ADB) have signed an agreement on cooperation in…
#ADB#bank#exports
Italian banking group UniCredit is preparing to launch a Ђ300m bond securitising credit granted to small-and medium-sized enterprises (SMEs) in…
#risk#securitisation#smes
The World Bank has opened a new credit line of US$120m for small-and medium- sized enterprises (SMEs). The Small Industries…
#bank#interest rates#international
The Export Risk Guarantee Agency (ERG), which is based in Zurich, provides export insurance. Conditions are based on law SR946.11…
The Export-Import Bank of the United States (Ex-Im Bank) today approved a loan guarantee of up to US$930m to support…
The Export-Import Bank of Korea (EXIM Bank) says it will offer a US$30m line of credit to Banco del Desarrollo.…
#bank#Exim Bank#exports