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Bank of Baroda has opened its second branch in Johannesburg, South Africa. (more…)
#bank#SME financing#trade
Fitch Ratings affirms Imperial Bank's national long-term and short-term rating. (more…)
Access to finance for SMEs is easier than it has ever been. Obstacles and challenges that previously seemed insurmountable are…
#Access to Finance#international#management
There are developments currently in progress to produce an industry wide electronic interface system that will enable factors to receive…
#bank#interest rates#invoice
Increasing rates and delays in decision-making and red tape by banks have resulted in hundreds of SMEs seeking alternative ways…
#credit protection#invoice#smes
Nedbank Limited, one of South Africa's Big Four banks, has selected a new collections system to enhance its collections environment (more…)
The South African Reserve Bank (SARB) says Private sector credit extension (PSCE), including factoring advances, accelerated from the previous month despite…
#bank#interest#interest rates
The Coega Development Corporation (CDC) has signed an agreement with Absa Bank aimed at helping Small and Medium Enterprises (SMEs)…
Nedbank Business Banking's agricultural division manager in the Western Cape, Rico Basson, says export factoring is a growing part of…
#bank#exporters#invoice
The availability of trade and risk information remained critical for South African firms to identify export opportunities, Coface announced (more…)
Sasfin Bank has launched an innovative invoice discounting facility aimed particularly at small- to medium-sized businesses (SMEs) (more…)
#bank#invoice#management
Roger Herbert, one of the most experienced debtor finance professionals in South Africa, is adamant the industry he has served…
On the back of a strong rand and consistently strong figures, both the Reserve Bank and the Finance Ministry have…