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Siemens Financial Services and SecDebt combine to offer trade...

Siemens Financial Services (SFS) has formed a partnership with securitisation experts SecDebt to offer trade receivables finance, to mid-cap companies and SMEs. The new Advance product, using securitisation methodology, is the first step towards capital markets funding. Traditionally, raising low-interest...

Versailles founder refuses to give evidence in trial

Carl Cushnie, the founder of collapsed FTSE 250 company Versailles Group, yesterday refused to take the stand and face questioning…


London Scottish Invoice Finance 2003 profits down by 14.4%...

London Scottish Invoice Finance Limited, the factoring company formerly known as ISIS Factoring plc, has released its results for the…

#bank#invoice


New chief financial officer appointed at Intrum Justitia

The new chief financial officer (CFO) at Intrum Justitia has been named as Bo Askvik, who will also become a…

#bank#i#international


Swiss governor EBRD welcomes action plan for Central Asia’s...

The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…

#bank#IMF#international


Atradius joins forces with AON to offer SMEs credit...

Leading global credit insurer, Atradius, has just announced a partnership deal with Aon Receivables Management Services - one of the…


SME financing, a wake-up call to bankers – Institute...

The development of small- and medium-sized enterprises (SMEs) has been on the official agenda since 1959, but only an estimated…


Funds to boost SMEs

Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…

#bank#Boost#forum


Commercial credit managers given boost – business confidence up...

Commercial credit managers have been given a boost by the news that business confidence has risen for the third quarter…


Ex-Im Bank announces top lenders 2003

The Export-Import Bank of the United States (Ex-Im Bank) has announced its top lenders for fiscal year 2003, ranked by…


BoM to pick up IFC's 10% stake in Global...

Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade…

#bank#Exim Bank#global trade


FDI in Poland up to US$ 6.42 billion

Foreign companies invested US$ 6.42 billion in Poland last year. The fall in foreign direct investment (FDI) stopped in 2003.…

#bank#Deutsche Bank#investment

Ministry allocates US$12 billion to SMEs

The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…

#bank#funding#management

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