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MENA

Emirates Bank launches insurance-backed factoring services

Emirates Bank, which introduced factoring services a year ago, has now launched insurance-backed factoring to provide credit protection and collection services to its customers (more…)

Peninsula Factoring to raise NIS100m to finance expansion

The first factoring company to tap the capital market to finance expansion, Peninsula Factoring is preparing a prospectus to raise…

#bank#bonds#commercial financing


Byblos Bank secures US$60m SME credit line

The European Investment Bank (EIB), an international donor institution, signed an agreement to provide Byblos Bank with a US$60m loan…


Coface and NGI launch new credit insurance product

According to senior officials, National General Insurance Co. P.S.C. (NGI) has launched a new credit insurance prioduct for companies based…


HSBC customers attend seminar on trade and factoring

HSBC's corporate clients attended a trade and factoring seminar at the Crowne Plaza Hotel, recently... (more…)


Demand for credit insurance up as political risk in...

Political risk in Russia is rising, causing Israeli exporters to increase demand for credit insurance, says Clal Credit Insurance (more…)

#exporters#exports#insolvency


Lloyds TSB Dubai boosts team with new appointment

This appointment follows a series of senior appointments at Lloyds TSB Dubai, which included (more…)


Standard Bank opens branch in Dubai

Standard Bank's international investment banking subsidiary, Standard Bank plc, has opened its first full overseas branch in Dubai to grow…


Coface acquires control in the leading credit information provider...

Coface has announced that it has acquired a majority stake in  Israel's leading credit information provider (more…)

#credit risk#international#management


World Factoring Yearbook's first report on the Israeli factoring...

“The factoring industry in Israel is still relatively new to the financing markets…” Subscribers to factorscan.com can now read the…

#factoring industry#World Factoring Yearbook


Profile of factoring in the UAE now available

Subscribers to factorscan.com can read the latest report on factoring in the UAE by local industry expert Vijay Vashist, head…


Factoring market will grow by 50% to NIS 4.2bn...

Israel's factoring market is expected to grow by 50% to NIS 4.2 bn in 2006, Shlomi Sarid, CEO of Clal…

ICIC ‘12.5% of debts in 2005 problematic’

In 2005, 12.5% of payments in arrears became problem debt*. The sectors most at risk were (more…)

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