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ADB grants to help China finance SMEs

The Asian Development Bank (ADB) has approved a technical assistance grant of US$550,000 to help China to finance its small- and medium-sized enterprises (SMEs). According to the ADB, this will promote the development of SME credit guarantee companies through an...

GMAC Commercial Finance approves US$45m factoring facility

GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel…

#capital requirements#commercial finance#management


Bank to expand exim trade financing

Addressing the members of Bharat Chamber of Commerce here recently, Mr Rajeev Bhargava, head of Trade Services, said that HSBC…

#bank#exports#receivables


Factoring market grows 73% since January

Ukraine's nascent factoring market is dominated by just two banks and lack of awareness of the profitability of the business…

#bank#banks#GDP


Sasfin invests in new ABF solution software

Kй Concepts, leader in the deployment of comprehensive credit management solutions and development frameworks for the financial services sector, has…

#bank#compliance#financial services


ECGC in corporate agency pact for export credit insurance...

The Export Credit Guarantee Corporation of India Ltd (ECGC) has arrived at a corporate agency agreement for the marketing of…

#bank#export credit insurance#exporters


Banks lured towards SME financing

The State Bank of Pakistan (SBP), while clarifying its prudential regulations regarding small- and medium-sized enterprises (SMEs), has fixed a…

#bank#banks#international


Accord announces factoring volume increase in Qs 1&2 2004

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, has announced its unaudited consolidated financial…

#Accord Financial#Accord Financial Corp#financial services


Another plan to help SMEs

Krajowy Fundusz Kapitalowy (KFK), the country's capital fund should help small- and medium-sized enterprises (SMEs) to obtain funds for investments.…

#financial services#poland#smes


Small firms take upbeat view of economic outlook

The Small Firms Association (SFA) described the economic outlook for the remainder of the year as positive yesterday, but it…

#economic outlook#economy#inflation


Taageer Finance announces 85% jump in net profit in...

Oman's youngest finance company, Taageer Finance Company (SAOC), has posted an over 85 per cent jump in net profit for…

#bank#investment#leasing


CzechInvest attracts 60 new projects in first half

Czech Invest, the government agency founded to support direct investment in the Czech Republic, attracted 60 new projects worth a…

#investment#investments

BPPG responds to late payment research issued by Experian

The Better Payment Practice Group (BPPG) holds the view that action is required by all sectors of the business community…

#interest#late payment#management

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