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New regional director for the Midlands

Venture Finance has announced the promotion of Cliff Meek to regional director of Structured Finance in the Midlands, based in the firm's Birmingham office. This move highlights the rapid growth of the division, which provides funding for medium-sized companies. Initially...

#funding#i#management

Franchises benefit Africa, US companies – Ex-Im Bank director

J. Joseph Grandmaison, a board member of the Export-Import Bank of the United States (Ex-Im Bank), described the benefits of…

#bank#conference#investment


JMH Demica introduces Citadel Factor to revolutionise the European...

Prototype will be featured at BCR’s European Factoring Conference, Rome, 17-19 March JMH Demica today announced the launch of Citadel…


Trade finance – Export credit

China has two organisations providing official export credit support: the China Eximbank, which was established in 1994 and China Export…

#bank#exporters#exports


HYSEA plans fund to help SMEs market products

The Hyderabad Software Exporters Association (HYSEA) is setting up a fund with support from state governments, non-resident Indians (NRIs) and…

#exporters#smes#software


Stake in Siam City Factoring sold

Siam City Bank has sold a 48.16 per cent stake (8,668,800 shares) held in Siam City Factoring at 0.35 bt…

#3M#bank


ECGC identifies factoring as key business growth area

Export Credit Guarantee Corporation of India Ltd (ECGC), now beefed up with a higher equity base, has identified factoring services…

#bank#exporters#exports


Banco do Brasil boosts export lending 17%; SMEs benefit

Brazilian federal bank Banco do Brasil (BB) boosted export lending under its Proex programme by 17% in January to US$9.6m,…


World Bank and Turkey sign export finance loan deal

The World Bank and Turkey have signed a US$303m Export Finance Intermediation Loan (EFIL) Agreement. The agreement was signed by…


Government will give importance to SME sector

The Kerala Government will give equal importance to the development of the small- and medium-sized enterprises (SMEs) as to other…

#investments#smes


Foreign investments jumped 50% in 2003

Foreign inflows soared 50 per cent from 2002 as Russia attracted a record US$29.7 billion last year. Foreign loans led…


AllBank in pact to sell ECGC products

The Export Credit Guarantee Corporation (ECGC), which offers credit insurance protection to exporters has entered into a bancassurance agreement with…

#bank#banks#exporters

ABS Global Factoring considers stock market flotation

ABS Global Factoring, the German factoring company, says that it is considering a flotation on the stock market. The company…

#global factoring#interest

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