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A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and partners worldwide with pre-export capital, and trade finance consulting services. Dubbed TradePort Export Finance Online (TEFO) the programme is a...
#bank#exporters#guarantees
The Small Industries Development Bank of India (SIDBI) has adopted new instruments and avenues for deploying credit to the small-…
Systems Evolution Inc.(SEVI), an information technology services company, announced today that it has closed a $1.5 million factoring facility with…
The Asian Development Bank (ADB) has agreed to provide about US$50 million to the Bangladeshi government-sponsored small- and medium-sized enterprise…
#ADB#Bangladesh bank#bank
Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…
#international#leasing#receivables
Finance minister Tibor Draskovics welcomed the Monetary Council's 50 basis point rate cut on Monday, citing it as a sign…
According to statistics, insurance premiums on the export of agricultural products increased by more than 70 per cent in the…
Wells Fargo & Company reported diluted earnings per common share of US$1.02 for third quarter 2004, compared with US$0.92 in…
#interest#leasing#small business
The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit.…
Bridge Capital Holdings, whose sole subsidiary is Bridge Bank, N.A., Silicon Valley's newest business bank, has announced that Silicon Valley…
#bank#cash management#management
The first FDA Staff Forum to be held in Scotland had as guest speaker Tom Farmer CBE KCSG - founder…
#forum#MAN#Trust
Trond G Kristoffersen, co-founder and former chief executive of scandal-ridden Finance Credit, was sentenced to nine years in prison on…
#bank#banks
The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized…
#bank#banks#economy