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South Korea's Eximbank is to open a line of credit for Vneshtorgbank (VTB) and Gazprombank to extend short-term trade finance worth US$30 million and $20 million, respectively. The agreements will enable Korean firms who export to or do business with...
#bank#Exim Bank#trade
A delegation promoting exports from medium-size businesses in Gimhae, South Gyeongsang Province, have signed provisional contracts worth US$19m with importers…
#exports
Despite being the first increase in almost four years, last week’s interest rate rise of 0.25 per cent to 3.75…
Representatives of 16 British companies led by the London Chamber of Commerce and Industry (LCCI) will visit Romania from10 to…
Costa Rican financial group Consorcio Bantec plans to sell its factoring unit in order to address a liquidity shortfall of…
#bank#financial institution#i
Bibby’s purchase of the factoring arm of Abbey National is another step towards their goal of becoming the largest global…
#acquisition#poland#Two
Funding from Cattles Invoice Finance has enabled four Leeds-based entrepreneurs to set up their own sheet metal engineering business after…
#cash-flow#funding#invoice
Starting in January next year, Korea's first logistics base for small- and medium-sized enterprises (SMEs) is to go into operation…
Enterprise Finance Europe (UK) Ltd, a wholly owned subsidiary of Enterprise Finance Europe and part of the Bank of Ireland…
Russia is expecting a net private capital flight of more than US$13 billion in the last six months of this…
The Slovak Police unit for investigating extra-serious crimes is reported to have detected several crimes linked to the Vseobecna uverova…
#bank#bankruptcy#Exim Bank
According to a study conducted by the German credit insurance company Gerling NCM, the number of company bankruptcies in France…
#insolvency#insurance
With EU accession looming, the European Investment Bank (EIB), the Union's development bank, has been busy extending loans to Hungary…