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SME Bank restructures after fraud

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after corrupt practices at provincial branches were discovered. Many complaints about shady deals and irregularities had been filed with the bank,...

#bank#debt collection#economy

Independent Growth Finance capitalises on confidence

Further expansion is on the books for Independent Growth Finance (IGF), one of the country's leading independent invoice discounting and…


SME growth at highest levels for four years

Small- and medium-sized enterprises (SMEs) start the New Year on a high note having recorded the highest levels of business…


Botswana Export Credit Insurance runs new CEDA product

Citizen Entrepreneurial Development Agency (CEDA) has a new product called CEDA Credit Guarantee Scheme (CCGS), which encourages private sector participation…

#bank#export credit insurance#guarantee


GMAC Commercial Finance expands European operations and service

GMAC Commercial Finance (GMAC CF) has announced plans to launch new operations in Poland and Germany, following a record 12…

#commercial finance#funding#international


Natexis Banques Populaires' net banking income up 36%, factoring...

Natexis Banques Populaires has reported figures, based on estimates presented yesterday to the Board of Directors, showing net banking income…


Small businesses and the brick wall of accounts department...

From Mr Morgen Witzel Sir, Your article "Companies resort to hard line on late payers" (21 January) on late payment…


Fraud in factoring features at Rome conference

Getting into factoring is easy, staying profitable is getting much harder. One of the biggest threats to factoring profits is…


Government adopts programme to fight money laundering

The Ukrainian government and the National Bank have endorsed a programme for 2004 on fighting the legalisation of income obtained…

#bank#guarantee#international


Bibby Factors Bedford appoints new business finance executive

Bibby Factors Bedford, the leading provider of business cashflow solutions, is pleased to announce the appointment of Chris Hardy as…

#business finance#financial services


SME new appointments to bolster growth in 2004

SME Invoice Finance has announced the appointment of Simon Walker as development director. Working closely with a well-established team, he…


SMEs still at the mercy of late payers

Small businesses in the UK are still experiencing money problems because of late paying customers, despite new legislation to stem…

US Bank Business Credit grants $20m asset-based facility to...

US Bank Business Credit is the agent of a $20 million senior secured credit facility to Tai Foong USA, an…

#bank#cash management#management

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