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Global Analysis

India, China discuss credit facilities to boost bilateral trade

For the first time, the Export-Import (Exim) banks of India and China are discussing the exchange of reciprocal lines of credit, which would further stimulate the growing trade between the two countries, official sources said here. "The Exim banks of...

UK asset finance volumes set to outstrip US, Germany

The use of equipment investment and leasing is predicted to grow in the US, the UK and Germany in 2004,…

#cash-flow#financial services#leasing


FIMBank strategy adds factoring to core product offering

First International Merchant Bank p.l.c. (FIMBank) Group Chairman, Mr Najeeb H.M. Al-Saleh, gave an overview and outlined FIMBank's achievements during…


Santander Central Hispano sells factoring and leasing business

Santander Central Hispano (SCH) is to sell the leasing and factoring businesses of Norway's Elcon Finans to French banking group…


World Bank sets aside US$225m for African SMEs

International Finance Corporation (IFC), the private sector lending arm of the World Bank, has unveiled plans that would see East…


New Atradius CEO announced

Wilfried Verstraete, has been appointed as the new CEO and Chairman of the Management Board of Atradius, a leader in…

#Atradius#international#management


Financial services extended to Taiwanese investors in China

Cathay United Bank, the flagship firm of the Cathay Financial Holding Co, recently signed a cooperative agreement with mainland China's…

#bank#Bank of China#banks


Expansion may increase late payment problems – Lloyds TSB...

Late invoice payment from overseas businesses is causing problems for companies, according to Lloyds TSB Commercial Finance in Birmingham. With…


A Europe of 25: successful integration lies in the...

On 1 May, the European Union ushered in 10 new countries, increasing the number of member states to 25. The…


Deloitte warns of increased threat of money laundering after...

Financial institutions should be on the lookout for a potential surge in the proceeds of crime passing when the EU…


Insolvency laws linked to demand for venture capital

Academics have established a link between changes to legal and tax conditions and demand for venture capital from entrepreneurs. John…


Deloitte & Touche warn on money laundering surge on...

Banks and other financial institutions could face a potential surge in money laundering when the European Union expands at the…

#anti-money laundering#bank#banks

David Robertson highlights scope and benefits of FDA’s work

David Robertson, managing director of Bibby Financial Services and the next FDA Chariman (from June 2004), highlighted the work that…

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