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Caisse centrale Desjardins and Northstar partner to support export...

Export SMEs can now benefit from additional export financing services through a new agreement reached between Caisse centrale Desjardins, Desjardins Group's financial agent, and Northstar Trade Finance Inc. (Northstar). The alliance enables Caisse centrale and the Desjardins network to broaden...

KBK Capital Corp confirms sale of its factoring business

KBK Capital Corp. of Fort Worth has confirmed it has sold its factoring division to Marquette Financial for an undisclosed…


HSBC launches on-line trade credit insurance service for small...

HSBC Insurance Brokers has launched Cover Credit, a real-time, interactive on-line trade credit insurance service for small- and medium-sized businesses…


Corporation tax revamp will hit smaller businesses says ACCA

ACCA (the Association of Chartered Certified Accountants) warns that UK businesses - especially small- to medium-sized enterprises (SMEs) - will…

#ACCA#inflation#international


Money laundering threatens economy

Money laundering poses a serious threat to South Africa's democracy and governance which have been hard earned, says the National…

#anti-money laundering#bank#economy


Exim Bank signs an accord with Brazilian bank

Romania’s Exim Bank said it has signed a cooperation accord with Brazil’s Bank for Economic and Social Development. “The accord…


Central bank lowers intervention rate

Romania’s central bank board has decided to lower its intervention rate by 0.06 percentage points to 20.19% in a move…

#bank#inflation#trade


Only one bidder for Konzumbank

The sole offer for Konzumbank, made by the Hungarian Foreign Trade Bank Rt (MKB), was unanimously accepted by the board…

#bank#interest#smes


Mixed bag for SMEs in BoE report

The Bank of England's latest investigation into conditions for small businesses has turned up a 'mixed picture' of results. The…

#bank#Bank of England#NatWest


Factoring portfolio soars 39% in 9 months

The aggregate factoring portfolio of the members of the Lithuanian Leasing Association (LLA) grew by 39.1 per cent during the…

#factoring statistics#international#international factoring


CIT sets up Dublin European hub

CIT Group, the US-based commercial and consumer credit finance firm, announced yesterday that it is to centralise its European operations…

#CIT#small business


Banks not prepared to take risks to lend to...

The Reserve Bank of India’s (RBI) 7 per cent GDP growth is not achievable if banks are not prepared to…

Survey prompts call for urgent review of late payment...

Legislation brought in last year has made little impact on the UK's chronic problem of late payment, a survey by…

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