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Bank hedges on e-trade system to lift factoring, small...

The Development Bank of the Philippines (DBP) is hoping to speed up lending to small- and medium-sized enterprises (SMEs) by creating an electronic marketplace for their receivables from large companies. Banks and financial institutions are in the business of buying...

Hotels urged to raise working capital ‘the new way’

Local hotel operators should consider using asset securitisation as a means of raising working capital to finance construction, according to…

#bank#bonds#guarantee


Credit insurer to expand in Brazil ‘this year or...

French insurance group Coface plans to open an insurance subsidiary in Brazil this year or in the beginning of 2005…

#AIG#management#receivables


China’s SMEs welcome to list overseas, say bourse chiefs

The world's major stock exchanges are greeting Chinese firms with open arms. That was the message delivered by executives from…

#innovation#investment#smes


SMEs to remain ‘protected’ until 2006

A long-running protective system for small- and medium-sized enterprises (SMEs), which was due to end this year, will be extended…


DBP grants factoring facility to SMEs

The Development Bank of the Philippines (DBP) has signed a memorandum of agreement (MoA) with the Integrated Telecommunications Suppliers Association…


Spain approves Ђ10m for Serbia's small business

The Spanish Ministry of Foreign Affairs has informed the Serbian Ministry of International Economic Relations that Spain has approved a…

#international#small business#Two


Cluster-based model best for financing SMEs

The Reserve Bank of India (RBI) has told commercial banks to adopt a cluster-based approach for financing small- and medium-sized…

#bank#banks#risk


Budget 2005 to focus on SMEs

Budget 2005 is expected to continue to focus on small- and medium-sized enterprises (SMEs), and provide new impetus to the…

#economy#smes


Financial services firm refreshes brand identity

Leading providers of securitisation processing, factoring and global credit management solutions JMH Demica and JMH Financial Services will both trade…


New credit line for funding SMEs announced

A new credit line from Colombia's state-owned export development bank Bancуldex totalling 1.5trillion pesos (US$584m) with a target market of…

#bank#compliance#funding


Atradius Eurobond update

Atradius reports that it has successfully placed a subordinated Eurobond of Ђ120 million in the European capital markets on 31…

#ABN AMRO#Atradius#bank

Parent sells factor

Merloni Elettrodomestici (electrical appliances), will sell out Faber Factor, a factoring company half-owned by Merloni Elettrodomestici and the remaining half…

#funding

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