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Lack of trade financing technology hits Africa's competitiveness

Africa's finance, planning and economic development and trade ministers warned yesterday that lack of access to trade financing information and communication technology (ICT) was a major constraint for the continent's small- and medium-scale enterprises (SMEs). Yesterday’s meeting on the theme...

#African Development Bank#bank#international

PwC says banks catching up to meet Basel II

Malaysia’s 10 anchor banks ”are catching up” despite being two to three years behind Singapore banks and nearly five years…


SIDBI focusing on direct finance for SSIs and SMEs

The creation of an exclusive fund for small- and medium-sized enterprises (SMEs) and the outsourcing opportunities available to small-scale industry…

#bank#interest rate#receivables


Sale of investment stake signals possible merger of two...

Peter Webb, the head of Unicorn Asset Management, has built up substantial stakes in a series of the UK's smaller…


New factor enters market

HVB Factoring Ltd., a daughter company of HVB Bank Slovakia, will launch its business activities in the Slovak Republic in…

#bank#banks#interest


New Regional Manager for EUROFACTOR Thames Valley

Reading-based EUROFACTOR has announced the appointment of its new regional manager to help serve its expanding client base in the…


VC funding prospects are picking up

Robert Venes, editor of Venturedome, looks at recent reports of a boom in confidence in the venture capital sector, which…

#funding#interest#investment


Directors and auditors may get protection against legal claims

The British government is close to proposing measures to give directors and auditors protection against potentially catastrophic legal claims. Patricia…

#Bill#Jobs#trade


Factoring industry profits plunge on higher costs

Profits at Mexico's 16 factoring companies fell 21.5% to 157m pesos (US$13.5m) in 2003 due, in part, to higher administrative…


New Enterprise Finance Europe team signs deal in first...

Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has celebrated the opening of its new office in…

#bank#commercial finance#management


Intercontinental Hotel hosts FDA’s annual dinner

The Factors and Discounters Association’s annual dinner 2004 was held in the Grand Ballroom of London’s InterContinental Hotel, Hyde Park,…

#bank#commercial finance#conference


New trade finance product to reduce working capital costs,...

The developers of a new trade finance product claim it could reduce the working capital costs of small-and mid-sized enterprises…

#financial services#invoice#management

Chile’s factors reap bumper returns

The four factoring companies registered with the Chilean stock and exchange commission (SVS) yesterday posted a combined profit of Pesos…

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