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According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to increase their prestige and boost sales. Credit insurers have traditionally been wary of factoring companies because they produced a high...
#bank#Boost#insurance
The international service of the Bank of China rose greatly in the first six months of this year. The bank's…
#bank#Bank of China#international
The government has announced that it has already released P11.8 billion worth of loans to the country's micro-, small- and…
#bank#guarantee#small business
The pace of economic growth in former communist bloc countries is set to progress at an impressive rate over the…
Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…
#bank#investment#risks
The SME Development Bank (SME Bank) has cut lending rates in a bid to help the country's newest bank meet…
The Finance Bill now includes two new measures to combat VAT Supply Carousel Fraud but with potentially wider effect. The…
The Viet Nam Foreign Bank (Vietcombank) has pledged about US$32 million in loans this year to help small- and medium-sized…
#bank#risks#SME loans
CIT Group Inc (CIT) has announced that from 3 September 2003 Jeffrey M. Peek will become the company's president and…
#CIT#Credit Suisse#financial services
LB Factors, factoring druћba, d.o.o. has changed its name to PRVI FAKTOR, faktoring druћba, d.o.o (meaning first factor) after Slovenska…
#AR#i#invoice
Eurofactor (UK) Limited, an independent specialist in factoring and invoice discounting, has appointed Gerry Donnelly to head up its new…
Leading information provider, Equifax, is warning financial organisations that the burden of money laundering on businesses will not be reduced…
#anti-money laundering#management#regulation
A new DVD teaching tool, produced by the University of Otago’s School of Business in New Zealand, casts new light…