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ABN to provide US$80 m trade finance facility

The International Finance Corporation, (IFC), and ABN Amro signed an agreement to provide Pakistan with a US$80 million trade financing facility The three-year revolving facility will give Pakistani businesses better access to letters of credit confirmations by guaranteeing credits originated...

#ABN AMRO#bank#exports

Industry performance and supply

FACTORING IN THE UK – TENTH EDITION (2005) INDUSTRY PERFORMANCE AND SUPPLY In the UK, the factoring industry continues to…

#bank#commercial finance#IGF


New sectors eligible for Small Firms Loan Guarantee Scheme

Thousands of small businesses will find it easier to obtain bank loans thanks to changes announced in the Pre-Budget Report.…

#3M#bank#guarantee


Bank of England cuts rate while ECB holds firm

The Bank of England yesterday surprised the markets by cutting its primary interest rate by a quarter of a percentage…

#bank#Bank of England#interest rates


New interest rate in case of late payment

In order to combat delays in payment in commercial transactions, the Belgian legislator has transposed the EU Directive of 29…

#bank#i#interest rate


Brunei keen to invest more in Philippines, SMEs to...

Brunei is keen to invest more in the Philippines, as a means to further develop the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian…

#ADB#Asian Development Bank#bank


John Canning recognised as one of top 25 most...

CIT Small Business Lending (SBL) Corporation, a New Jersey-based subsidiary of CIT Group Inc., (NYSE: CIT), and the nation's number…

#bank#CIT#leadership


ICISA – Representing the Industry Leaders

ICISA: REPRESENTING THE INDUSTRY LEADERS About ICISA The International Credit Insurance & Surety Association (ICISA) brings together companies who write…

#bank#data protection#exporters


Forfaiters and Credit Insurers

FORFAITERS AND CREDIT INSURERS: CO-OPERATION OR COMPETITION? Introduction What Is Forfaiting? To answer the question one might have to first…

#AIG#bank#exporters


Introduction to World Credit Insurance

INTRODUCTION Change and credit insurance seem to have become inextricably linked. To some extent, of course, change has always been…

#bank#exporters#guarantees


Bancomext estimates 5% growth in exports this year

The Mexican Foreign Trade Bank (Bancomext) estimates that Mexican exports could grow by 5% during 2003, a year in which…

#bank#channel#exports


Citibank to focus on SMEs through transportation funding

Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…

#bank#banks#funding

SIDBI to run $40m support fund for SMEs

THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises,…

#bank#guarantee#guarantee scheme

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