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BoE holds the line on interest rates for now

The Bank of England has kept interest rates at 4.0 percent, a month after raising them by a quarter-point, but economists say more hikes are just a matter of time. House prices and consumer demand have still shown no sign...

#bank#Bank of England#Deloitte

RBS Commercial Services backs Hugh Mackay Carpets MBO

Leading international carpet manufacturers Hugh Mackay Carpets is looking to the future with fresh eyes following a management buy out…

#bank#international#invoice


Allahabad Bank in export insurance deal

Allahabad Bank has entered into a bancassurance pact with the Export Credit Guarantee Corporation of India - ECGC Ltd, an…

#bank#export credit insurance#exporters


As margins shrink, corporate banking under pressure

As margins shrink, corporate banking will also need to change and bankers will have to look at increasing their revenue…

#bank#interest rates#international


Laurentian Commercial Financial results announced

Laurentian’s Commercial Financial Services, which handles commercial loans and larger financings as part of banking syndicates and factoring, leasing and…

#bank#commercial lending#financial services


Securitised bond for SMEs by year-end

By the end of the year, Singapore should see its first asset-backed securitization aimed at supporting small- and mid-sized companies…

#bank#cash-flow#guarantees


Factoring and the hidden Winding Up Petition

by Peter Sinnett, In-house Counsel, Bermans, Lawyers Bermans was recently involved in a difficult and unusual High Court application for…

#assignment#bank#insolvency


Bridge Bank expands Capital Finance Group

Daniel P. Myers, president and chief executive officer of Bridge Bank, National Association, has announced that Scott Chamberlin, a 12-year…

#bank#Bank of America#financial services


New business development manager for Venture Finance

Venture Finance, the invoice and asset based financier, today announces the appointment of Mark Humphreys as regional manager for the…

#bank#commercial finance#invoice


Reforms of the taxation of asset finance would hit...

The Finance & Leasing Association (FLA) has published a report that highlights the economic impact of the government’s corporation tax…

#bank#funding#management


Franchises benefit Africa, US companies – Ex-Im Bank director

J. Joseph Grandmaison, a board member of the Export-Import Bank of the United States (Ex-Im Bank), described the benefits of…

#bank#conference#investment


Trade finance – Export credit

China has two organisations providing official export credit support: the China Eximbank, which was established in 1994 and China Export…

#bank#exporters#exports

Stake in Siam City Factoring sold

Siam City Bank has sold a 48.16 per cent stake (8,668,800 shares) held in Siam City Factoring at 0.35 bt…

#3M#bank

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