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Kredittbanken ASA makes offer for FactoNor AS

The Icelandic bank Islandsbanki said on 11 April that its Norwegian subsidiary Kredittbanken ASA had made an offer for all shares in the Norwegian factoring services provider FactoNor AS. The offer of NOK4,000 (Ђ490) per share values the company at...

#bank#smes

SZRB to provide guarantees on Tatra Banka SME loans

Slovak Guarantee And Development Bank (SZRB) is to provide guarantees on Tatra Banka small- and medium-sized enterprises (SMEs) loans up…

#bank#guarantees#risk


More funds at SMEs doors

Expressing displeasure over scanty credit flow to small- and medium-sized enterprises (SMEs), the Government will set a target for SME…

#bank#banks#SIDBI


Unicredit-Confindustria agreement fund allocation begins

On Monday the fund allocation for the innovations set by the UniCredit-Confindustria agreement will begin. The operative agreement worth Ђ1bn…

#bank#guarantees#international


CIT acquires assets of Receivables Capital Management, a division...

CIT Group Inc., a leading provider of commercial and consumer finance solutions and SunTrust Banks, Inc. announced that CIT has…

#bank#CIT#commercial finance


Pakistan's Habib Bank gets US$20m credit from IDB

Habib Bank Ltd. and the Islamic Development Bank have signed an agreement by way of which IDB will offer a…

#bank#Islamic Development Bank#smes


HSBC eyes Rp450bn credit for small- and medium-sized enterprises...

HSBC Indonesia plans to increase its loans to small- and medium-sized enterprises (SMEs) to as much as Rp 450 billion…

#bank#management#smes


Bangladesh Bank fund for SMEs getting good response

Bangladesh Bank (BB) is receiving encouraging response both from financial institutions and donors to its small business refinancing fund introduced…

#bank#conference#small business


Tideline Capital raises US$105m in first-ever software receivables securitisation...

Tideline Capital, a company that provides outsourced vendor financing services for the software industry has secured US$105m and closed the…

#bank#capital requirements#receivables


Demand for factoring services rising in Czech Republic

The Czech factoring market has grown by some 20% a year over the past three years and the Association of…

#bank#GDP#Two


Perry Capital to acquire Capital Factors and Capital Tempfunds

Perry Capital LLC, an investment management firm with approximately US$11bn under management has reached agreement to acquire the business and…

#bank#commercial finance#international


Basel II accord unlikely to curb S Korean lending...

A new international agreement on banks' capital adequacy is unlikely to sharply cut their lending to smaller companies, South Korea's…

#bank#banks#international

Bancolombia to maintain SME lending strategy post-merger

Colombia's largest bank Bancolombia will continue with its strategy of product segmentation and increased small- and medium-sized enterprise (SME) lending…

#bank#financial institutions#investment

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