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Southern Finance buys remaining Pacific Invoice Finance share

Christchurch-based Southern Finance Ltd (SFL) has bought out the remaining 30% of Pacific Invoice Finance Ltd it did not own from founder Jim Hughes (more…)

#banks#financial institutions#funding

Bulgaria state-run mega bank to guarantee SME loans

The Bulgarian government has made big headway on an initiative for the creation of a state-run investment bank, which will…

#bank#banks#funding


Coface unit looking to more than double profits this...

The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface…

#bank#banks#insurance


Euronet first SEPA cross-border solution in central and eastern...

Euronet Worldwide Inc. has signed a long-term agreement for its first SEPA (Single Euro Payments Area) compliant cross-border transaction processing solution…

#bank#banks#financial institutions


Hungary factoring market grows quickly, but still lags behind

Turnover on Hungary's factoring market rose almost 45 per cent to HUF 700bn in 2007. However, less than 1per cent of…

#acquisition#bank#banks


Chinese listed SMEs report rising profit

China's listed small-and medium-sized enterprises (SMEs) have reported robust profits, according to business reports published on Wednesday. The 116 SMEs…

#3M#banks#smes


Eximbank maintains low non-performing loans ratio

The Export and Import Bank of China, one of China's three policy banks, reported that its ratio of non-performing loans…

#bank#Bank of China#banks


New IT product for factoring launched

Sundaram Infotech Solutions (SIS), the IT services arm of Sundaram Finance, has launched SmartLend Lite, a customised IT solution for…

#banks#management#Microsoft


IFCI to get a strategic investor

The country's oldest but troubled financial institution IFCI may soon see the entry of a strategic investor. IFCI is the…

#bank#banks#financial institution


Lloyds TSB Commercial Finance, Barclays and Rabobank finance acquisition...

The deal is being financed by a consortium of three major banks: Lloyds TSB, Rabobank International and Barclays on improved…

#acquisition#banks#commercial finance


Banks pump hundreds of millions of euros into SMEs

As the market of funding for the SME client segment took off in 2006, several players in the system introduced…

#bank#banks#funding


Invoice finance contract ends good year for Davenham

Davenham Trade Finance is providing an invoice finance deal for a Cheshire-based company as a result of a funder (more…)

#banks#cash-flow#funding

First direct loan to private Kosovar company

The EBRD is providing its first direct loan to a private company in Kosovo to help local entrepreneurs finance the…

#bank#banks#economic recovery

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