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banks

Hong Kong to extend collaboration on offshore yuan business

City could extend collaboration on offshore yuan dealing from London to New York and Singapore. (more…)

#banks#international#International Trade

Bibby Financial Services appoints Chief Commercial Officer for Europe

Graham Byrne appointed as Chief Commercial Officer for Europe. (more…)

#bank#banks#financial services


MarketInvoice plans to double advanced volume by 2013

MarketInvoicehave has advanced over GBP50 million since its launch. (more…)

#banks#exports#funding


PNB keen to increase SME loan portfolio

The Philippine National Bank (PNB) has outlined a planned expansion of its loan portfolio, which would help its profit grow…

#bank#banks#receivables


China Everbright launches loan programme for SMEs

China Everbright Bank has launched a mutual fund loan programme for SMEs, in alliance with local chambers, associations, and marketplaces.…

#bank#banks#smes


Gateway increases credit facility to offer factoring to more...

Gateway Commercial Finance, LLC a Florida-based provider of invoice factoring has announced that the company has completed an amendment to…

#bank#banks#commercial finance


Global steel industry displays greater interest in factoring

With banks cutting loans to the steel industry, the sector turns to factoring to refinance. (more…)

#banks#funding#insurance


National Bank of Panama plans to enter factoring

The State National Bank of Panama (BNP) plans to venture into factoring in 2014. (more…)

#bank#banks#Corporate banking


Wells Fargo launches SME fund

A new fund aimed at providing short-term unsecured loans to small firms with high growth potential has been launched nationwide.…

#banks#funding#invoice


Procter and Gamble to join other multinationals in squeezing...

Procter and Gamble plans to make an offer to suppliers they can’t refuse. (more…)

#banks#cash management#management


Alibaba to challenge SME financiers

Alibaba Group to set up Alibaba Small and Micro Financial Services Group. (more…)

#Alibaba#banks#e-commerce


Study: Irish SMEs badly unprepared for SEPA

Irish firms urged to improve SEPA preparations by Ibec.  (more…)

#bank#banks#compliance

ABFA plans for self-regulation system

The Asset-Based Finance Association (ABFA) is creating a system of self-regulation following complaints about its members unfairly withdrawing credit lines…

#banks#invoice#regulation

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