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Global

IFC invests USD22m in Ratnakar Bank to boost financing...

The International Finance Corporation (IFC) has made an equity investment of US$22 million in Ratnakar Bank to support financial inclusion and increase financing to agri-based businesses and micro, small and medium enterprises. (more…)

Receivables Exchange downsizes sales and marketing department

The Receivables Exchange, a Louisiana-based online marketplace for the sale and purchase of receivables, has laid off 26 sales and…


Rosbank Factoring and Nissan sign EUR300 million deal

Rosbank Factoring and Nissan Manufacturing RUS signed RUB 12 billion (EUR297.2 million) non-recourse factoring agreement. (more…)

#confirming#international#non-recourse factoring


US factoring – modest growth forecast

Paragon Financial say factoring is likely to grow this year, but only slightly faster than the economy. (more…)

#international#international factoring#International Factoring Association


Billing fraud reaches “alarming proportions”

The Public Protector has asked to assign billing fraud to a special category of criminal offences. (more…)


Suning Tesco launches SCF programme

Suning Tesco offers suppliers two types of loans. (more…)

#Two


FCI releases factoring figures for 2012

Factors Chain International (FCI) has released the much awaited figures for the 2012 worldwide factoring industry. (more…)


New European CEO appointed at Bibby

Bibby Financial Services (BFS), an international alternative funding provider, has appointed Simon Davies as CEO for Europe. (more…)


Basel III capital rules opens door for alternative sources...

   New Basel III bank capital requirements are poised to increase pricing on trade finance, an essential component of international trade.…


Tricorn secures GBP10m working capital funding from HSBC

An engineering group gets invoice finance and working capital facilities to grow internationally. (more…)


Jyske Bank deploys Surecomp end-to-end trade finance tech

Jyske Bank, one of the leading Danish banks, has commenced production with Surecomp's end-to-end trade finance solution. (more…)


LandBank of the Philippines chooses Polaris’ trade finance solution

LandBank of the Philippines goes live with Polaris' Intellect Trade Finance Solution. (more…)

#bank#guarantees#management

Government deployed GBP300 from Business Bank

Vince Cable has launched the first stage of the state Business Bank to help credit starved SMEs. (more…)

#Access to Finance#bank#forum

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