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In a move to meet the increasing demand for cross-border trade finance, the Trade Bank of Iraq (TBI) has doubled the maximum value of letters of credit it (more…)
#bank#banks#international
The EBRD is boosting the availability of financing to the real economy sector in Serbia, with a (more…)
#banks#funding#smes
Factoring turnover in Poland grew 6.6 percent in 2009, despite (more…)
#banks#factoring industry#non-recourse factoring
The Czech factoring market experienced a 25 percent contraction in 2009, with the total value of the industry dropping €96…
#banks#factoring industry#receivables
Small to Medium Sized Enterprises (SMEs) have resorted to bank overdrafts rather than business loans to finance their operations, according…
#bank#bank loan#banks
Russia's factoring market experienced a 36 percent increase in turnover during the first three quarters of 2009 compared to half…
#banks#factoring industry
The Central Bank of Azerbaijan experienced a significant increase in factoring operations this October, with volumes reaching (more…)
#bank#banks#Letters of Credit
The Payments Services Directive (PSD) law became effective yesterday, with direct debits beginning to be processed through the Single European…
#bank#banks
Polfactor are one of only three Polish factors to report a year-on-year growth for the third quarter this year, with…
#banks#factoring industry#interest
The Dutch Finance Ministry has been given a deadline of October 16th to find a buyer for selected ABN AMRO’s…
#ABN AMRO#bank#banks
Reports have started afresh that Deutsche Bank is looking to purchase assets from Dutch financier ABN Amro, including a factoring…
Lithuania s factoring turnover dropped in the first half of 2009 according to figures published by the Lithuanian Banks’ Association (more…)
Platinum Funding Group has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider…
#banks#funding#liquidity