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GE Commercial Finance, the business-to-business financial services unit of the General Electric Company, has announced it has agreed to acquire most of Transamerica's commercial finance business. The transaction will add approximately US$8.5 billion in managed assets to GE Commercial Finance's...
#commercial finance#commercial financing#financial services
A little-publicised European directive, to be implemented by January 2004, on electronic invoices will not simplify pan-European trading and may…
July’s CIPS/Reuters survey of the UK private sector services economy signalled expansion of activity in the sector for a fourth…
Business confidence has fallen in nine of the UK's 11 regions, with the two exceptions only narrowly escaping a fall…
#bank#Bank of England#exporters
Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…
#bank#exports#guarantee
The Asian Development Bank (ADB) has earmarked $25 million for loans for the Philippines’ small- and medium-size enterprises (SMEs). Merly…
State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…
When it comes to funding the growth of their business, nearly three quarters (72 per cent) of British businesses turn…
“SMEs (small- and medium-size enterprises) are struggling with what they call their worst financial problems since the 1997 crisis, due…
The World Bank approved a US$58.4 million loan to help increase competitiveness and growth of micro and small businesses in…
The Slovak arm of the Czech bank CSOB showed a profit of SKK122 million in the first six months of…
#bank#leasing
An article by Graeme Forbes, head of corporate finance at Grant Thornton The business outlook for small- and medium-size enterprises…
#bank#Bank of England#invoice
The US Export-Import Bank's (Ex-Im Bank’s) acting chief operating officer (COO) said that his bank is finalising a credit insurance…