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GBP 20 million Libyan debt settlement puts ECGD back...

The Export Credits Guarantee Department (ECGD) is set to resume cover for UK exporters and investors to Libya after a GBP20 million settlement of old debts. Trade Minister Mike O’Brien said: “I am delighted that our discussions with the Libyan...

#exporters#international#risk

GBP20 million Lybian debt settlement puts ECGD back on...

The Export Credits Guarantee Department (ECGD) is set to resume cover for UK exporters and investors to Libya after a…


Lesco sells receivables, refinances bank debt, eliminates interest rate...

Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58…

#bank#bank loan#conference


Factor Drops All Claims Against YP.Net's CEO; Angelo Tullo...

YP.Net™ (OTC BB: YPNT), a leading provider of Internet Yellow Pages and related services, announced today that New Horizon Capital…

#Clear#funding#i


Bibby Factors appoints new managing director

Bibby Factors West Midlands, a specialist provider of business cash flow solutions, has today appointed Andrew Dixon as managing director.…


ICBC (Asia) to merge with Fortis Bank Asia HK...

Fortis (Fortis) has announced that the bank has signed a Sale and Purchase Agreement with Industrial and Commercial Bank of…

#bank#Bank of China#ICBC


MFB makes first venture capital deal and boosts overseas...

The Hungarian Development Bank Rt (MFB) has made its first investment as part of its new venture capital activity. MFB…

#bank#Boost#i


KOTRA to provide more export opportunities for SMEs

South Korea's top trade promotion agency said Monday it will try to provide more export opportunities to small- and medium-sized…


Q3 2003 receivables finance figures are released, export leads...

The industry's third quarter statistics for 2003 demonstrate that export factoring and invoice discounting has seen a period of sustained…


Jamaica to expand mobile network with EX-IM Bank-financed exports

Cable and Wireless Jamaica Limited (CWJ) is purchasing U.S.-manufactured cellular communications and equipment from Nortel Networks Inc., and eight other…

#bank#emerging markets#exporters


TMM closes extra certificates under receivables securitisation programme

Mexican transport conglomerate Grupo TMM has closed a further US$25 million of certificates under a receivables securitisation programme, worth a…

#bank#commercial finance#receivables


New loan guarantee fund to back setting up of...

Prime Minister Costas Simitis has inaugurated a Ђ100 million public Loan Guarantee Fund for small- and very small-enterprises (SVSEs) employing…

Interest rate cut by 0.4%

Bank of Israel governor David Klein announced a 0.4 percent cut in the interest rates on 30 December, as was…

#bank#interest#interest rate

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