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Receivables finance specialist Finacity Corporation (Finacity) has announced the facilitation of a syndication of a US$250 million revolving receivables purchase facility supporting the ongoing sale by Trafigura AG of certain trade receivables. (more…)
#financial institution#international#receivables
Indonesian businesses have yet to adopt China s renminbi as a currency in trading with the country, amid concerns about…
#bank#guarantees#receivables
FC POLITEKS (Politeks) actively develops factoring operations in Saint-Petersburg. (more…)
#bank#electronic factoring#international
Credit insurance provider Coface has continued its global expansion by extending its offering in Western and Central Africa. Coface guarantees…
#bank#credit risk#guarantees
A new report on competitiveness has revealed that access to funding for Irish SMEs has deteriorated to the second worst…
Capital Business Credit LLC (CBC), a US-based financial products and services company, has provided US$35 million in revolving lines of…
#banks#economy#trade
The International Finance Corporation (IFC) is aiming to disburse between US$400 million and $600 million in investments in Indonesia during…
#bank#international#Jobs
The Asset Based Finance Association (ABFA) has announced the appointment of its new chairman, John Onslow, chief executive of Centric…
#commercial finance#head of trade and working capital#international
The European Investment Bank (EIB) has provided a EUR100 million loan to the Hungarian Development Bank (MFB) to finance small…
#bank#economy#SME financing
Kuwait's Burgan Bank, which recently bought the Turkish arm of EFG Eurobank, is planning to buy a quarter stake in…
#acquisition#bank#international
The International Finance Corporation and Banca Transilvania are expanding their partnership by increasing financing available for small importers and exporters…
#bank#exporters#guarantees
A subsidy programme to facilitate domestic small- and mid-sized traders' purchases of trade credit insurance has markedly eased trading risks,…
Kate Sharp, Chief Executive of the ABFA provides a review of the U.K. factoring market, covering industry environment, market performance,…
#bank#international#International Trade