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Bank of China ranks 7th in world's export factoring

Sources from the Bank of China (BOC) said that, according to statistics published by Factors Chain International, BOC ranked seventh among 159 members, indicating that the bank had become a leading player in global export factoring business. In the first...

#bank#Bank of China#international

Mobile operator raises US$530m including credit insurance provided by...

Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by…

#bank#SACE#trade


German link extends Bank of Ireland SME services

BANK of Ireland Business Banking has completed a special Ђ300m funding arrangement with KfW (Kreditanstalt fr Wiederaufbau), the German state-owned…

#bank#banks#economy


KPMG suits reach NOK 1.35 billion (USD193million) in aftermath...

Nordlandsbanken has joined the queue of institutions suing accounting giant KPMG for losses suffered in connection with the Finance Credit…

#bank#insurance#receivables


HSBC’s guide to “Winning export sales”

HSBC Bank plc have produced a guide for exporters based in the UK. The publication, Winning Export Sales, is endorsed…

#bank#exporters#exports


China must nurture its entrepreneurs

By Stephen Green, head of the Asia programme at the Royal Institute of International Affairs in London The one thing…

#bank#interest rates#international


Latest research from Bibby Financial Services suggests business owners...

A quarter of small firms believe that the quality of service offered by their bank has deteriorated over the past…

#alternative funding#bank#financial services


VAT finally imposed on banks, factors and leasing companies...

The Department of Finance and the Bureau of Internal Revenue ended years of suspense and imposed value-added tax on banks…

#assignment#bank#receivables


Bharat Overseas Bank pares rates on SSI credit

Bharat Overseas Bank Ltd has lowered interest rates on credit to agriculture and small-scale sectors (SSIs). "The revised interest rates…

#bank#interest#interest rates


SMEs are hit by the large bank credit crunch

Yamaya is one of countless small- and medium-sized enterprises (SMEs) in Japan feeling the effects of a widening credit crunch.…

#bank#exports#financial services


Bank of Japan to help SMEs to raise capital...

The Bank of Japan (BoJ) is to kick-start the development of an asset-backed securities market for small businesses to give…

#bank#liquidity#receivables


Court ruling on syndicated loan case clarifies majority decision-making...

Redwood Master Fund Ltd (and 5 others) v. TD Bank Europe (and 2 others) In a recent case brought before…

#bank#risk

Banks lend SMEs US$161million to May, up 49% from...

Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…

#bank#guarantee#guarantees

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