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Potential Finance in Administration

Potential announce that they are now in administration. (more…)

#banks#Clear#guarantees

SPRING Singapore says credit situation improving

SPRING Singapore said Wednesday the credit situation for companies is improving (more…)

#banks#crisis#financial institutions


Compania de Factoring seeks to borrow EUR10m to fund...

Compania de Factoring plans to borrow €10m in the first quarter of 2009 to finance contracts agreed with SMEs (more…)

#bank#banks#funding


Banca Transilvania’s net profit soared 32% in 2008

Banca Transilvania, parent company of Compania de Factoring - Romania s largest factoring company, is expected to announce a 32 percent…

#bank#banks#financial institutions


Barclays ‘withstands impact’ of credit crunch

Barclays have written an open letter to reassure investors of its continuing good health, announcing that  the bank would report…

#bank#banks#investment


Crisis times see rise in factoring transactions

The Manufacturers Association of Israel has entered an agreement with Clal Finance Factoring, offering members factoring services at preferential terms to…

#bank#banks#bonds


Banks to provide KRW700bn to SMEs

The country's major banks have reached an agreement to provide up to 700 billion Korean Won in fresh loans to cash-strapped SMEs…

#bank#banks#liquidity


Budget to ease credit woes

Canadian Finance Minister Jim Flaherty has announced he may use his budget later this month to help ease tight credit markets and…

#bank#banks#Boost


Government pledges support for SMEs

The Government of Argentina has announced a new bidding among banks for the placement of US$350m, destined for the financing of…

#banks#conference#interest rates


Usurers rise as factors are reluctant to provide financing

The effects of the global crisis in Turkey are boosting usury, a financing method to make excessive profit by providing…

#bank#banks#interest rates


LIBOR gets enhanced governance and scrutiny procedures

In its new paper LIBOR's governing body set out how this key indicator of the cost of borrowing is calculated…

#bank#Bank of England#banks


GFKL announces growth in turnover and profit performance

GFKL has announced it's intention to focus on the core business segments of Receivables Management (more…)

#3M#banks#management

Additional financial support for business in the Northwest

Regional Minister Beverley Hughes and the NWDA have announced the launch of a Transition Loan Fund for businesses in the region (more…)

#banks#funding#risk

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