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Dutch Ministry of Finance given deadline for sale of...

The Dutch Finance Ministry has been given a deadline of October 16th to find a buyer for selected ABN AMRO’s assets including factoring firm IFN Finance, Reuters has reported. As reported on Monday, the Dutch Government must sell some of ABN...

#ABN AMRO#bank#banks

Deutsche Bank could still be in line to buy...

Reports have started afresh that Deutsche Bank is looking to purchase assets from Dutch financier ABN Amro, including a factoring…

#ABN AMRO#bank#banks


Large drop in Lithuanian factoring turnover

Lithuania s factoring turnover dropped in the first half of 2009 according to figures published by the Lithuanian Banks’ Association (more…)

#bank#banks


Platinum Funding Group provides $66m factoring facility

Platinum Funding Group has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider…

#banks#funding#liquidity


SME Bank increases maximum loan rate

The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has resolved to raise the maximum rate of SME…

#bank#banks#liquidity


Funding shortage stifling SME sector

Shortage of equity and long-term funds continue to stifle the growth of SMEs in India (more…)

#bank#banks#funding


Attracting new prospects

David DiPiero, CEO and Director of FGI Finance in the United States, talks to Factorscan about developing client relationships in…

#bank#banks#risk


PSB Factor of the Year amongst Russia's financial elite

Promsvyazbank (PSB) has received the Factoring Company of the Year award at the annual Russia s Financial Elite 2009 award…

#bank#banks#leadership


Government scheme to encourage SME lending

Egypt has created a new authority to oversee capital markets and non-bank financial services, a move that is likely to…

#bank#banks#financial services


Survey of Russian factoring market

A survey of Russian factors showed that a majority had seen a fall in business volume during the first quarter…

#banks#risk#trade


RBI looks set to intervene to increase SME lending

RBI governor worries that Indian SMEs are still not getting enough credit. (more…)

#banks#interest rate#interest rates


Association wants investors to refocus upon small business

The Treasury must leave the financial markets as the biggest borrower so that banks will extend more resources toward financing…

#banks#interest rates#Produce

EIB extends funds to SME lenders

The European Investment Bank (EIB) on Wednesday signed two partnership agreements with ATEbank and Marfin Egnatia Bank. (more…)

#bank#banks#channel

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