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Global

BBVA teams up with an insurer to launch product...

In an unusual move, BBVA Seguros, the insurance subsidiary of Spain's second largest bank, BBVA, has teamed up with an insurance company to design an insurance package for small and medium-sized enterprises (SMEs). The insurance company, whose identity has not...

#bank#BBVA#insurance

Credit Guarantee Corp offers more funds and increased flexibility...

Credit Guarantee Corp Malaysia Bhd (CGC) has revised its Islamic banking guarantee scheme (IBGS) to increase available funds for small-…


SMEs struggle in a worsening economic environment

Business conditions for local small- and medium-size enterprises (SMEs) are becoming increasingly unfavourable with the local economy showing no signs…


Bibby Group of Factors financial results; income, PBIT, factored...

The Bibby Group of Factors have unveiled a solid set of results, with total income growing by 27% and gross…

#management#poland


Funding efforts to assist liquidators’ recoveries for creditors and...

Current insolvency legislation allows directors of failed companies to be pursued in the courts for recovery of money where there…

#insolvency#management#receivables


Bancomext grants 14bn pesos in loans, guarantees and insurance...

The Mexican Foreign Trade Bank (Bancomext) reported that between January and April it has provided financing of 14.13 billion pesos…


Planned Civil Code revamp will bring factoring contracts into...

As the first step in a process set to last several years, the government recently approved the main concept of…


Small Enterprise Development Corporation hit by financial crisis

The Small Enterprise Development Corporation (Sedco), which is facing serious financial constraints, could be forced to further downsize its operations…

#bank#funding#small businesses


SMES need financing to sustain operations

A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…

#international#smes#sustainability


ECB set to cut rates after euro appreciation

The widely expected interest rate cut by the European Central Bank on Thursday (5 June) will be the talking point…


National Association of Wholesaler-Distributors forms alliance with EULER ACI...

The National Association of Wholesaler-Distributors (NAW) has announced that it has selected EULER American Credit Indemnity (EULER ACI) as its…

#management#risk#risk management


New government website will help small firms connect to...

The Small Business Service (SBS) has launched a new website providing small- and medium-sized firms (SMEs) with a wealth of…

#Boost#leadership#small business

Laurentian Bank of Canada’s Commercial Financial Services sector reports...

Laurentian Bank of Canada’s Commercial Financial Services segment reported a net income of $4.5 million (compared to $6.9 net income…

#bank#financial services#leasing

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