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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 in India. Chris Low, chief executive of StanChart India region, remarked that the entire deal was done on a non-recourse...

#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


Interest rate hike surprises market

The Monetary Policy Council (RPP) has increased interest rates by 50 basis points - twice as much as the market…

#i#inflation#interest rate


BCC & HMCE join forces in Blueprint to modernise...

Changes are afoot which will affect the way export documentation is issued to UK companies. Under the terms of the…

#exporters#exports#international


Fortis report tripled profit in first half results

Fortis has announced its first half results reporting a threefold rise in net operating profit to Ђ1,829m compared to the…


Bank of Communications ratings outlook raised

Standard & Poor's (S&P) Ratings Services has revised the outlook on its 'BB' long-term foreign currency counter-party credit rating on…

#acquisition#asset management#bank


Atradius to issue Eurobond

Atradius plans to issue a Ђ110 million subordinated Eurobond with a final maturity of 20 years and quarterly call options…


Griffiths welcomes small business sector boom

Enterprise Minister Nigel Griffiths has hailed a 200,000 net increase in the business population. New figures published by the DTI's…

China Exim taps the market for extra $250m

The Export-Import Bank of China (China Exim) increased its month-old 2014 dollar bond issue to $1bn yesterday by tapping the…

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