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Fuel distributors to get credit insurance functionality online

John Reynolds, a UK provider of credit insurance services to commercial fuel distributors, has teamed up with BigOil.net, a specialist oil consultancy, to provide credit insurance for distributors, oil companies, traders and card agents online. BigOil.net is a web-based portal...

#insurance#management

Low-priced scheme for financing exports welcomed

Mirza Ikhtiar Baig, the chairman of banking, credit and finance at the Federation of Pakistan Chambers of Commerce & Industry…


Sampo Bank to offer free consultation on EU structural...

Sampo Bank in Lithuania will provide free consultation to private and public companies seeking assistance from EU structural funds. The…


GMAC Commercial Finance provides US$10m revolving credit facility to...

GMAC Commercial Finance’s (GMAC CF’s) Retail Finance Group announced the closing of a US$10 million fully-secured revolving credit facility to…

#banks#commercial finance#financial services


Banco Espirito Santo sues over US$170 million factoring fraud

Banco Espirito Santo International Ltd (BES) sued accounting firm BDO Seidman on Tuesday, alleging it "rubber-stamped ... obviously false financial…

#bank#factoring fraud#international


A code of practice for ratings agencies

Last month, the Association of Corporate Treasurers (ACT) and its US and French equivalents published an exposure draft putting forward…


EquiFin reports first quarter 2004 results

EquiFin, Inc. has reported revenues for the first quarter ended March 31, 2004 increased by 57.6% to US$643,000, compared to…

#acquisition#business finance#interest


Reserve Bank of India interest rate decision

With political uncertainty still hovering over the country, the Reserve Bank of India (RBI) yesterday left the bank rate and…


Royal Bank of Scotland urges balance between new enterprise...

The Royal Bank of Scotland (RBS) Group in conjunction with Company Reporting Limited have published a major new economic study…


Non-payment protection for Ecuador’s exporters

Equador's government is to introduce a new export loan insurance programme backed by French-based trade insurer Coface. State export promotion…


Stand-alone factoring a thing of the past – GECF...

It’s a fact. The factoring industry here in Singapore is seeing fewer and larger players as the market for financing…

#bank#commercial finance#financial services


SBP designs new loan scheme for SMEs

The State Bank of Pakistan (SBP) has designed a new long-term loaning scheme for small-and medium-sized enterprises to facilitate the…

Commercial finance giant re-jigs asset finance ops in Europe

GMAC Commercial Finance (GMAC CF) has restructured its senior management team in Europe. Phil Lammas has been promoted to UK…

#commercial finance#invoice#management

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