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Factoring rebounds from 2002 lows

The stabilisation of the economy and decreasing interest rates in 2000 and 2001 led to growth in the factoring industry, which continued to expand despite the market turmoil of 2002. In the absence of a regulatory framework, there has been...

#bank#banks#factoring industry

Industrial Bank of Korea leads export factoring market

In South Korea, factoring arrangements are essentially corporate credit facilities based on trade bills, accounts receivable and consumer credits. International…

#bank#exporters#international


Bangladesh Bank to finance the ‘missing middle’ SMEs

The Bangladesh Bank has initiated a programme involving 1 billion taka (US$17.2 million) to promote small- and medium-sized enterprises (SMEs),…

#Bangladesh bank#bank#small businesses


PICIC provides Rs300m to entrepreneurs

Pakistan Industrial Credit and Investment Corporation (PICIC) has so far disbursed Rs 300 million among small entrepreneurs under small business…

#bank#business finance#capital requirements


SMEs facing financial crisis

These days small- and medium-sized businesses (SMEs) are undergoing a financial crisis worse than that of 1997. While large companies…

#bank#cash-flow#Paid


London Scottish Invoice Finance 2003 profits down by 14.4%...

London Scottish Invoice Finance Limited, the factoring company formerly known as ISIS Factoring plc, has released its results for the…

#bank#invoice


New chief financial officer appointed at Intrum Justitia

The new chief financial officer (CFO) at Intrum Justitia has been named as Bo Askvik, who will also become a…

#bank#i#international


Swiss governor EBRD welcomes action plan for Central Asia’s...

The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…

#bank#IMF#international


Funds to boost SMEs

Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…

#bank#Boost#forum


BoM to pick up IFC's 10% stake in Global...

Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade…

#bank#Exim Bank#global trade


FDI in Poland up to US$ 6.42 billion

Foreign companies invested US$ 6.42 billion in Poland last year. The fall in foreign direct investment (FDI) stopped in 2003.…

#bank#Deutsche Bank#investment


Ministry allocates US$12 billion to SMEs

The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…

#bank#funding#management

IFC convenes conferences on SMEs

The North Africa Enterprise Development (NAED), a regional small- and medium-sized enterprise (SME) business development facility programme managed by the…

#bank#conference#international

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