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Most bank credits in Saudi Arabia are short-term in nature; they are usually self-extinguishing overdraft facilities or loan terms of one year or less. Some banks offer short-term cash facilities in the form of one-, three- or six-month rollovers that...
Following the 1994-95 peso crisis, factoring firms (empresas de factoraje financiero) struggled to restructure their own debt and faced portfolios…
#banks#crisis#non-recourse factoring
Fortis Lease has signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, from…
Italian factoring bank Banca IFIS is to launch a convertible bond issue of up to Ђ50m. The issue price of…
#Banca IFIS#bank#Italian factoring
Carma Financial Services Corporation (CFS), a provider of business-to-business accounts receivable management services, has announced that it has entered into…
#acquisition#financial services#management
Citibank Handlowy is looking to tap into the lucrative small- and medium-sized enterprise (SME) market with a new product targeted…
#Access to Finance#acquisition#bank
The small business sector is being urging to wake up, smell the coffee and get ready to take advantage of…
#financial services#risk#small business
#small business
Dutch bank ABN Amro has made three appointments to its Asian asset securitisation team it says are aimed at boosting…
#ABN AMRO#bank#financial services
The interest rate for companies wishing to apply the late payment legislation will be 12.5% for the period 1 July…
The Kenya and Tanzania Institute of Bankers and the Africa Project Development Facility (APDF) have teamed up to carry out…
#ADB#African Development Bank#bank
Liverpool-based factoring and invoice discounting company Bibby Financial Services has signed a deal with Chester's GB Group to use its…
#anti-money laundering#financial services#invoice
The Export Credit Guarantee Corporation of India (ECGC) is finalising a special credit insurance package for software exports from India,…