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Global Analysis

Central banks cut interest rates

The Bank of England is one of seven central banks that have announced a cut in interest rates by 50 basis points. (more…)

Iceland's government takes control of Landsbanki

In a statement issued by Landsbanki Íslands, the parent company of Landsbanki Commercial Finance, announced that ' the Icelandic Financial…

#bank#commercial finance#financial services


New IFD Chair sees continued growth in AU$66bn industry

The Institute for Factors and Discounters (IFD) has appointed Brendan Green as its new chairman. (more…)

#bank#international#invoice


UK MP urges central banks to cut rates

UK member of parliament John Redwood has called for interest rates to be slashed to stave off a long-lasting recession.…


Small Business Act: Unlocking SMEs’ potential?

The French EU Presidency is pushing for the adoption of a US-style 'Small Business Act' (SBA) for Europe to improve…


Deutsche Bank wins EU approval for purchase of IFN...

Deutsche Bank has won EU approval to buy ABN Amro's Dutch commercial banking business for EUR709m (more…)

#ABN AMRO#bank#banking services


IFC, Ecobank in $213m SME funding partnership

Ecobank Transnational incorporated (ETI) and the International Finance Cooperation (IFC) have announced a financing package worth about $213m aimed at…


Fortis Bank weathers financial storm

Fortis Bank SA/NV, whose Commercial Finance division offers factoring and invoice discounting services to fourteen countries worldwide, have entered into…


Paris, Tokyo and Munich ranked top cities for profitable...

The top emerging top centres of commerce for SME financing are Paris, Tokyo and Munich in MasterCard Research's ranking of…

#banks#Mastercard#SME financing


Eurokommerz announce successful EUR136.32m securitisation transaction

Eurokommerz today announced the successful completion of refinancing of RUB5bn (EUR136.32m) securitisation transaction with investors in Russia, Europe and the…

#bank#Deutsche Bank#emerging markets


Credit crises strengthens the future of supply chain finance

If there was ever an important moment for corporate clients to improve their account payables and working capital, then it…


Credit insurance casewatch

Penningtons recently acted for the UK and German subsidiaries of the Euler Hermes Group on a contested application for directions…

FACTORing PRO announce details of 2008 International Conference

FACTORing PRO have announced their 2008 international conference to be held in Moscow (more…)

#banks#conference#international

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