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Foreign investment in Russia reach US$66 bln

Cumulative foreign investment in the Russian economy was US$66 billion as of July this year, Prime Minister Mikhail Fradkov said at the EurAsEC - Business World Congress. "Foreign investment mounted considerably in 2003, to US$30 billion, $7 billion of which...

Better Payment Practice Group offers advice on using the...

The Better Payment Practice Group (BPPG) has launched a new section on its website, www.payontime.co.uk to offer businesses advice on…

#cash-flow#e-commerce#electronic invoicing


PBSP strengthens program to provide loans to SMEs

With strict policies set by banks and other lending institutions before it would grant loans, a non-government organization has strengthened…

#banks#financial institutions#international


Experian arrives in Russia

With credit comes a credit history and Russia's booming consumer lending sector saw the first high-profile arrival of a Western…


Exciting developments at Dynamic Commercial Finance

Dynamic Commercial Finance, the independent invoice finance company based in Haywards Heath, has been acquired by Enterprise London Limited (ELL).…

#commercial finance#financial services#IGF


Bibby aims for 40 companies in 10 countries by...

When the UK’s largest and most successful independent factor takes stock and unveils a future strategy designed to maintain its…

#financial services#international#invoice


China's CBRC Levies Supervision Charges On Banks

China Banking Regulatory Commission (CBRC), the government watchdog for the banking industry, has announced that, starting from this year, it…


Credit-rating agency for SMEs

Punjab National Bank, in association with six other public sector banks and the Small Industries Development Bank of India, intends…


HK seeks wider China role for its banks

The talks over so-called "current account transactions" include the possibility of letting Hong Kong banks settle trade contracts denominated in…

#banks#Letters of Credit#trade


Euler Hermes is selling its stake in Eurofactor to...

Following the discussions started this summer, Credit Agricole and Euler Hermes confirm that they have signed the agreement for the…


New regional business manager at Bibby Factors Northeast

Bibby Factors Northeast, a specialist provider of business cash flow solutions, is pleased to announce the appointment of Paul Brown…

#bank#cash-flow#financial services


PhilExim and Coface plan joint insurance protection initiative. Bigger...

The Philippine Export-Import Credit Agency (PhilEXIM) plans to enhance the insurance protection given to local exporters against risks of nonpayment…

#bank#export credit insurance#exporters

Ratings to make SME lending easier for banks

There is good news for the field functionaries of banks and financial institutions who have been resisting lending to entrepreneurs,…

#bank#funding#SME lending

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