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Commerce Bank live with Surecomp’s NetIMEX

Surecomp, a leading provider of front and back office trade finance solutions is pleased to announce that NetIMEX, Surecomp’s Internet Front-Office Trade Finance solution, is now in live production use at Commerce Bank. With assets in excess of US$29bn, Commerce...

#bank#exporters#risk

IGF appoints new regional sales Director

Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has promoted Mike Bailey to the position…

#bank#IGF#invoice


Societe Generale buys extra BRD stake

France's Societe Generale, majority owner of BRD-Groupe Societe Generale, bought the state's remaining 7.3 per cent last week. AVAS said…

#acquisition#bank#investment


Bancafe should not be state-run SME financier

State-run bank Bancafe should not be converted into a federal bank specializing in small-and medium- sized enterprise (SME) financing, local…

#bank#banks#Boost


New venture capital fund eyes local SMEs

A new venture capital fund, called Novum Hungary Growth Fund, will start operation in the end of the first quarter…

#bank#European Investment Fund#financial institution


ADB loan for SME development and port facilitation

The Asian Development Bank (ADB) and the government of Bangladesh concluded two loan negotiations for small-and medium-sized enterprises (SME) development…

#ADB#bank#international


OTP draws 50 per cent of CEB loan to...

The Council of Europe Development Bank (CEB) is providing a Ђ100 m loan facility for Hungary's largest commercial bank OTP,…

#bank#interest#interest rates


Chamber and credit agency to rank SMEs looking for...

Small companies in the Czech Republic can now have their financial health evaluated by an independent credit agency. A project…

#bank#banks#risk


HSBC and DBP to support microfinance sector

The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial…

#ADB#bank#international


Asia Development Bank to guarantee banks’ clients export-import activity.

The Technological and Commercial joint-stock bank (Techcombank) and the Asia Development Bank (ADB) have signed an agreement on cooperation in…

#ADB#bank#exports


World Bank aid for India’s SMEs

The World Bank has opened a new credit line of US$120m for small-and medium- sized enterprises (SMEs). The Small Industries…

#bank#interest rates#international


EXIM Bank of Korea to give export credit to...

The Export-Import Bank of Korea (EXIM Bank) says it will offer a US$30m line of credit to Banco del Desarrollo.…

#bank#Exim Bank#exports

ECGC of India signs MoU with Russian banks

The Export Credit Guarantee Corporation of India (ECGC) yesterday signed a tripartite Memorandum of Understanding (MoU) with Vnesheconombank and Exim…

#bank#exports#guarantee

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