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BPI to increase loan portfolio for SMEs

The Bank of the Philippine Islands (BPI) said it was expanding its loan exposure to small and medium enterprises (SMEs) by about P2 billion this year. Melecio Kimpo, BPI vice president and provincial lending head, said the bank's outstanding loan...

#bank#management#risk

Former Vice President to advise debt buyers

A major American buyer of healthcare debt has appointed former US Vice President Dan Quayle as a senior advisor. The…


Australia & New Zealand Country Reports from the World...

Subscribers to factorscan can now read the Country Reports from the forthcoming edition of the World Factoring Yearbook 2004. The…

#bank#receivables#World Factoring Yearbook


Eximbank launches autumn campaign to support exporters

Romania's Export Import Bank, Eximbank SA, launches on September 1 the autumn campaigns designed to support exporting business operators. Facilities…


Factors, asset financiers to receive online fraud warnings

The 240 member organisations of CIFAS, the UK fraud prevention service established by credit lenders in 1988, will soon be…

#economy#Fraud Prevention#UK economy


CBI Chief urges Bank not to overdo interest rate...

The CBI has reduced its forecast for economic growth next year, saying high oil prices are likely to hit world…


Q2 2004 factoring figures for Ireland released

The popularity of factoring and invoice discounting as a financing option in Ireland has continued to grow as industry turnover…

#invoice#receivables


First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…

#bank#capital requirements#credit risk


SME transparency drive to improve finance access

The Chilean banking regulator, Sbif, and the local banking association, Abif, signed an agreement to create a standardised financial information…


Experian acquires HK-China info house

Experian, the global information company, has bought Smartal Solutions, a business intelligence company based in Hong Kong and China. The…

#acquisition#emerging markets#financial services


Small firms' confidence worsening

The business confidence of small companies is expected to continue to fall thoughout September, according to a report by the…

#exports#small business#small businesses


Factor to be listed on Warsaw Stock Exchange

A Silesian factor is planning its debut on the Warsaw Stock Exchange (WSE). "We will be the first factoring company…

Exports up again in July

Hong Kong's exports in July rose 16.5% year-on-year to HK$ 183.6 bn, after an 18.2% growth in June, the government…

#exports#trade

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