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Export Credit Guarantee Corporation of India Ltd (ECGC), now beefed up with a higher equity base, has identified factoring services as a key future business growth area for the organisation. Labelled as ‘maturity factoring’, ECGC's new instrument is a slightly...
#bank#exporters#exports
The Export Credit Guarantee Corporation (ECGC), which offers credit insurance protection to exporters has entered into a bancassurance agreement with…
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Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…
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Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the…
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Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…
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Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence…
#bank#financial services#management
Hungary attracted Ђ1.494 billion in foreign direct investment (FDI) in 2003, according to preliminary figures released by central bank (MNB).…
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Fortis Commercial Finance has announced the arrival of Evette Martirossian into its Client Relationship Team. Evette joins as client relationship…
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Karan Bilimoria, the founder of Cobra Beer, is a cheerleader for factoring, which he says is ideal for an ambitious…
#bank#commercial finance#debt collection
President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…
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The government will today launch a nationwide review into the effectiveness of its small firm loans guarantee scheme following concern…
#bank#Bank of England#debt finance
MarineMax, Inc., the nation's largest recreational boat retailer, has announced the expansion and extension of a $280 million credit facility.…
#bank#Bank of America#commercial finance
The heads of the Export-Import banks of the United States and South Korea this week signed a Memorandum of Understanding…
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