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New credit line for funding SMEs announced

A new credit line from Colombia's state-owned export development bank Bancуldex totalling 1.5trillion pesos (US$584m) with a target market of fund small- and medium-sized enterprises (SMEs) will be ready in approximately 15 days. The loan package will be issued over...

#bank#compliance#funding

Atradius Eurobond update

Atradius reports that it has successfully placed a subordinated Eurobond of Ђ120 million in the European capital markets on 31…

#ABN AMRO#Atradius#bank


Banks set up 110 billion won fund to aid...

According to the Korean bank, Woori Bank and US investment bank Merrill Lynch will jointly establish a private equity fund…

#bank#banks#management


Citibank targets SMEs

Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs. Despite representing an…

#bank#information systems#risk


The US EX-IM Bank and Japanese counterpart sign co-financing...

The Export-Import Bank of the United States (Ex-Im Bank) and its Japanese counterpart, Nippon, Export and Investment Insurance (NEXI), today…

#Atradius#bank#international


Manufacturers’ confidence falls to 12-month low

A number of producers still predict the economic slowdown will continue with pessimism growing among small- and medium-sized enterprises (SMEs),…

#bank#economy#exporters


Grow your own company the equity finance way!

Raising equity finance for SMEs will come under the spotlight at a major business finance conference in Newport next month.…

#bank#business finance#conference


BPI to increase loan portfolio for SMEs

The Bank of the Philippine Islands (BPI) said it was expanding its loan exposure to small and medium enterprises (SMEs)…

#bank#management#risk


Australia & New Zealand Country Reports from the World...

Subscribers to factorscan can now read the Country Reports from the forthcoming edition of the World Factoring Yearbook 2004. The…

#bank#receivables#World Factoring Yearbook


First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…

#bank#capital requirements#credit risk


Bank of Communications ratings outlook raised

Standard & Poor's (S&P) Ratings Services has revised the outlook on its 'BB' long-term foreign currency counter-party credit rating on…

#acquisition#asset management#bank


VTB raises $95m from French bank syndicate

Vneshtorgbank (VTB) has signed a credit agreement with the French banks Societe Generale and BCEN Eurobank in Paris, a deal…

#bank#banks#Commercial Credit

Bulgaria's base interest rate falls

The base interest rate in Bulgaria has been reduced to 2.40 per cent – a decrease of 40 basis points,…

#bank#interest#interest rate

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