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OB Heller Factoring announces first half 2004 results

Turnover of OB Heller Factoring, a.s. Bratislava reached Sk2.2bn in the first half of 2004. The company predicts that turnover will reach Sk5.2bn at the end of the year. According to Peter Dudak, a member of the board of directors,...

#receivables

VTB raises over Ђ27m from German bank

Vneshtorgbank (VTB) has raised more than Ђ27 million under a 6.5-year credit agreement with AKA Ausfuhrkredit-Gesellschaft mbH for long-term import…

#bank#banks#Deutsche Bank


Top Factoring Professionals Head For Shanghai

Senior executives from the factoring and asset-based finance industries around the world will be gathering in Shanghai from 8 -…


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-…


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

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