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Cash offer for Dynamic Commercial

Aim-listed Dynamic Commercial Finance has rejected a cash offer from Enterprise London plc at 107p a share. Traders have speculated a bid could be on the cards after fund manager Eaglet sold its 29% stake in the debt factoring company...

Arbuthnot sees profits rise in 2003

Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…

#commercial finance#invoice#non-recourse factoring


Legislation for factoring services urged

SBI Factors and Commercial Services Pvt Ltd has called for a separate legislation for factoring services. At present a factoring…


Export-Import Bank of China opens new branch

The Export-Import Bank of China (China Exim Bank) established a branch in Qingdao in East China's Shandong Province on Friday.…

#bank#Bank of China#economy


Interim report on Small Firms Loan Guarantee

Teresa Graham of Baker Tilley has produced her interim report and response to submissions on the Small Firms Loan Guarantee…


Exim Bank names lead managers for Euro bonds sale

The Export-Import Bank of India has appointed Citigroup and Deutsche Bank to sell its five-year bonds in the overseas market.…

#bank#bonds#Deutsche Bank


Factoring grows despite better access to bank loans

Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more…


Al Tomooh scheme expands to Sharjah

Al Tomooh, the Small Businesses Finance Scheme established by Emirates Bank is expanding its services outside Dubai. At a recent…


Abbey National sells asset finance unit

Abbey National Plc has agreed to sell asset finance and leasing businesses to a unit of ING Groep NV, as…


Cases of suspected money laundering rise

The number of cases of suspected money laundering reported by financial service companies increased sharply this year, the Korea Financial…


Standard Chartered Bank focuses on SME sector

The Standard Chartered Bank (StanChart) plans to focus on the SME sector in the next couple of years after gaining…


Local bank receives EUR30 million EIB loan for SME...

The European Investment Bank (EIB) has provided a Ђ30 million global loan to K&H Bank to finance small- and medium-sized…

#bank#banks#funding

Ernst & Young comments on the Enterprise Capital Funds

The UK government's Small Business Service (SBS) is not doing enough to help small businesses or the investors willing to…

#interest rates#regulation#risk

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