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China Banking Association releases factoring guidelines

The Factoring Committee of the China Banking Association held its first annual meeting in Shanghai on April 7. (more…)

#bank#Bank of China#banks

SME loan refusals to face review committee

A new state-backed credit review committee, which aims to tackle the issue of credit to small and medium-sized businesses, was…

#bank#banks#management


Government launches SME 'fair treatment' task force

A new task force to advise the Government on how to ensure small companies are treated fairly and properly when…

#bank#banks#small business


EBRD considering loan to spur MSME growth in Turkey

The EBRD is considering providing up to €150 million in senior loans to leading commercial banks in Turkey for on-lending…

#bank#banks#funding


TBI doubles letters of credit to meet demand for...

In a move to meet the increasing demand for cross-border trade finance, the Trade Bank of Iraq (TBI) has doubled…

#bank#banks#international


EBRD and Societe Generale to support SMEs in Serbia

The EBRD is boosting the availability of financing to the real economy sector in Serbia, with a (more…)

#banks#funding#smes


Polish factoring grows 6.6 percent in 2009

Factoring turnover in Poland grew 6.6 percent in 2009, despite (more…)

#banks#factoring industry#non-recourse factoring


Czech factoring contracts by 25%

The Czech factoring market experienced a 25 percent contraction in 2009, with the total value of the industry dropping €96…

#banks#factoring industry#receivables


SMEs turning to overdrafts in place of business loans,...

Small to Medium Sized Enterprises (SMEs) have resorted to bank overdrafts rather than business loans to finance their operations, according…

#bank#bank loan#banks


Russian Association of Factoring Companies releases survey results

Russia's factoring market experienced a 36 percent increase in turnover during the first three quarters of 2009 compared to half…

#banks#factoring industry


Factoring operations increas at Central Bank of Azerbaijan

The Central Bank of Azerbaijan experienced a significant increase in factoring operations this October, with volumes reaching (more…)

#bank#banks#Letters of Credit


SEPA payment processing begins in Europe

The Payments Services Directive (PSD) law became effective yesterday, with direct debits beginning to be processed through the Single European…

#bank#banks

Polish factoring turnover falls during Q3 2009

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

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