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Export Credits Guarantee Department backs refit and sale of...

Two Royal Navy frigates will be setting course for a new lease of life in the Black Sea after a Ј116m BAE Systems refit supported by the Export Credits Guarantee Department (ECGD) under a Government-to-Government contract. The Type 22 frigates...

British business looks for rate cut in the near...

Following the decision today to keep interest rates on hold the CBI is calling on the Bank of England to…

#bank#Bank of England#British business


Consumer direct sales firm raises US$100 million, backed by...

Fingerhut Direct announced today that it has negotiated a $100 million senior secured line of credit comprised of a revolving…

#acquisition#CIT#receivables


Renewed weakness and rapidly falling profitability – CBI/Grant Thornton...

This month's survey revealed renewed weakness within the consumer service sector, with rapidly falling volumes of business and profitability, and…


DTI to consult on developing US style Small Business...

The Department of Trade and Industry's Small Business Service (SBS) has announced a consultation into developing a US-style Small Business…


Global Trade Finance to provide export factoring service for...

Gems and jewellery exports from India are set to get credit insurance in the current financial year. Global Trade Finance,…

#bank#exporters#exports


Global Trade Finance targets domestic factoring

Global Trade Finance Pvt Ltd (GTF), receivables management and export-financing company promoted by Exim Bank of India, WestLB of Germany…

#bank#exporters#exports


Lending Climate in America quarterly survey results

The protracted economic downturn and uncertainty over war in Iraq took a toll on lenders' attitudes last quarter, with most…

#bank#commercial finance#interest rates


Central bank authorises larger credit unions to seek loans...

Chile's central bank has authorised credit unions to request loans from foreign and local financial institutions as part of a…


Arms of UK administration embrace US companies

Recent European legislation means that non-UK incorporated companies can be put into administration in the UK if they fulfil certain…


Singer & Friedlander to end factoring services in about...

A spokesperson from Singer & Friedlander Factors Limited today told BCR that the company is to close in the next…

#Two


ECGD streamlines environmental and social impacts analysis process for...

The Export Credits Guarantee Department (ECGD) will be lifting a burden on industry while maintaining its rigorous screening of projects…

Factors and other non-bank financial firms improve profitability by...

Hungarian financial enterprises other than banks posted a significant improvement in profitability last year, while the quality of their portfolios…

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