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The Moroccan Central Bank, Bank Al-Maghrib, has signed a 25 year agreement with Experian services to upgrade and run its Credit Bureau facilities in Morocco. (more…)
#bank#conference#international
The Khalifa Fund for supporting SMEs announced that the total value of funding in the past six months reached Dh40m.…
#funding#smes
Oman Qatar Insurance Company (OQIC) has joined hands with Euler Hermes, to provide trade credit insurance solutions in the Sultanate.…
#guarantees#international#International Trade
Bank Leumi is reported to be in advanced talks to set up a joint factoring company with Coface. (more…)
#bank#exporters#international
The Dubai Export Development Corporation will implement a credit insurance scheme for exporters within the next few months. (more…)
#awards#exporters#financial services
National Bank of Dubai and FIMBank plc have announced that MENA Factors Limited, a joint venture between the two banks,…
#bank#exporters#financial services
UAE-based banks, both local and foreign, have mostly stopped issuing letters of credit (LCs) for trade finance. (more…)
Emirates Bank, was named best trade finance provider in the UAE for 2007 by Global Finance Magazine. (more…)
#awards#bank#international
Sources say Coface, which owns the controlling interest in BDI is planning to extend its activities in Israel by establishing a factoring…
Bank Hapoalim credit card subsidiary Iscacard Ltd. has signed an memorandum of understanding to acquire 51% of Global Factoring Ltd.…
Israeli Credit Insurance Company Ltd. says that exporters had US$275m in debts more than 30 days in arrears at the…
Mizrahi Tefahot Bank has begun setting up a factoring subsidiary. (more…)
Maroc Factoring posted a significant rise in turnover. (more…)
#bank