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BofA Merrill Lynch, others arrange USD600m facility to PRA

Virginia-based Portfolio Recovery Associates (PRA) has announced the close of a US$600 million credit facility to fund business operations and expansion. (more…)

#bank#Bank of America#LIBOR

IFC supports AccessBank with USD15m loan for SME funding

The International Finance Corporation (IFC) is providing a US$15 million loan to Azerbaijan's AccessBank to increase funding for micro and…

#bank#business finance#financial services


IFC Capitalization Fund invests in ACLEDA Bank to support...

The International Finance Corporation (IFC) Capitalization Fund has made its first investment in Cambodia via a US$40 million subordinated loan…


BCR reveal more ‘Next Level’ RFIx 2013 Convention Details

Tweet Follow @BCRFactorscan BCR have revealed more details of content and speakers for their ground breaking Receivables Finance International 2013…

#bank#international#RFIX


Euler Hermes named best trade credit insurer

Euler Hermes was named best global trade credit insurer in the 2012 Global Finance awards for "Best Global Risk Management…


Over EUR500m in credit for Irish SMEs went untapped...

More than half a billion euros in credit was available to Irish SMEs that went untapped in the third quarter…


EBRD supports first listed auto loan securitisation in Poland

In the first rated asset-backed securitisation deal since the financial crisis and the first such deal to be offered to…

#bank#bonds#financial services


Featherstone begins his drive for new heights at Bibby

  Bibby Financial Services is the star of the Bibby Line Group and one of the most successful factoring operations in…

#commercial finance#international#invoice


Politeks launches 2-factor export factoring

FC Politeks has announced the start of two-factor operations with the International Factors Group. (more…)


Eight factors opened in Pudong

Eight new factors have received licences for operations in Shanghai's Pudong New Area. (more…)


ADB's trade finance programme to start in Kyrgyz Republic

Asian Development Bank partners with Kyrgyz banks on trade finance programme. (more…)

#ADB#bank#guarantees


Cost of trade finance set to rise according to...

    The cost of trade finance looks set to increase, according to a study in European Large Corporate Finance conducted…

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