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Emirates NBD, the largest bank in Middle East by assets, and the National Bank for Foreign Economic Activity of Uzbekistan (NBU), the largest bank in Uzbekistan, have signed a memorandum of understanding (MoU) to explore the potential for cooperation in...
#bank#banks#Emirates NBD
Thomas Greco has been named as the new European Head of GE Commercial Finance's Leveraged Finance activities. (more…)
Siemens Financial Services (Siemens) has sold its single invoice factoring business to the Bibby Financial Services Group. (more…)
#financial services#invoice#Jonathan Andrew
Milacron Inc. announced the signing of a five-year, asset-based revolving credit programme through which Lloyds TSB Group plc will provide…
Abe Ezekiel from Penningtons Solicitors looks at the Credit Crunch and how it has affected factoring companies worldwide. (more…)
#alternative financing#bank#debt finance
The European Commission said it has cleared Euler Hermes and OeKB AG's proposed acquisition for joint control of a management…
#acquisition#Allianz#European Commission
Surecomp, announced today that Netherlands-based De Lage Landen has, following an intensive evaluation licensed all FAC, Surecomp's Java J2EE receivables…
#commercial finance#financial services#management
The EBRD is providing the micro finance fund IMON with a US$1 m loan for on-lending to micro and small…
#bank#banks#funding
Demica has announced a strategic alliance with California-based firm Advanced Data Exchange Inc. (ADX). (more…)
#invoice#invoice management#management
Tejari, the leading online B2B marketplace for global emerging markets, has signed a Memorandum of Understanding (MoU) with Coface Egypt.…
Landsbanki Commercial Finance (LCF) - has provided a £45 million credit facility to IBP, a ldistributor and manufacturer of plumbing…
#commercial finance#international#management
The Ex-Im Bank of the United States has approved authority for Afreximbank to provide up to US$40m in Ex-Im Bank short and…
ECGD, the UK's official export credit agency, has signed an agreement to co-operate more widely with its Chinese counterpart. (more…)