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banks

Nigerian financial system still offers limited access

Protracted challenges in the system, include the limited availability of secured lending products like leasing, supplier credit, warehouse receipt, factoring and other forms of secured finance. (more…)

#banks#leasing#liquidity

Factoring company Peninsula fails to float

It's spring in the primary market and more than 20 companies are lining up to tap your wallet in May.…

#banks#bonds#Bridge


UK embraces US-style debt for private equity

US-style financing that allows borrowers to take on more debt than is typical for mid-market private equity deals is gaining…

#banks#cash-flow#JPMorgan


ProCredit expanding to Mexico, Honduras, eyes Colombia

Frankfurt-based ProCredit Holding is planning to launch lending operations in Mexico and banking operations in Honduras by the end of…

#bank#banks#financial services


Banks urged to lend more to SMEs

China s banking regulator said that the nation's big banks urgently needed to change their attitude towards lending to small…

#bank#banks#guarantees


Debt workout program is working

Since 2006, the number of firms finishing the program has grown considerably. Nearly half of the troubled small- and mid-size…

#banks#interest


SBCE sees 15-20% premium growth this year

Brazilian export credit insurer Seguradora Brasileira de Crédito à Exportação (SBCE) expects to increase written premiums 15-20% to up to…

#bank#banks#export credit insurance


Coface warns on economic conditions in U.S., Baltic Region

Trade credit insurer Coface S.A. said it placed the United States and two Baltic states on its negative watch list,…

#banks#credit risk#international


Fortis, RBS and Santander proposal to acquire ABN AMRO

Fortis, Royal Bank of Scotland and Santander submitted a joint letter dated 12 April 2007 to the Chairmen of the…

#ABN AMRO#acquisition#bank


Glitnir strengthens its Nordic management team

BNbank, BNkreditt, Glitnir Bank ASA, Glitnir Factoring and BNbank's ownership in Norsk Privatokonomi will be part of Bjornsen's unit. Bjornsen…

#bank#banks#management


Optimax signs NT$4bn factoring deal

Optimax Technology, Taiwan's largest polarizer maker, signed a NT$4bn factoring (accounts receivable financing) deal with three Taiwan local banks, including…

#bank#banks#cash-flow


IFC helps Vietnamese banks

The IFC's Mekong Private Sector Development Facility has launched a five-year project worth over USD6m to help Vietnam's commercial lenders provide better…

#bank#banks#commercial finance

NLB acquires 50pc stake in Kasabank

The NLB Group comprises 58 companies on 18 European markets, of which 15 are banks, 11 leasing companies, 11 factoring…

#acquisition#bank#banks

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