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CIT Lending provides debt financing for iPay Technologies' recapitalisation

 iPay was advised on the transaction by William Blair Company and debt financing was provided by CIT Lending Services (more…)

#banks#CIT#financial services

Davenham agrees lower-priced syndicated loan facilities

Davenham Group PLC said it has signed agreements for total loan facilities of (UK sterling) 300m with the help of…

#asset-based lender#bank#banks


SBP to launch Islamic micro finance bank

The State Bank of Pakistan (SBP) announced that it is going to allow setting up full-fledged Islamic micro-finance banks in…

#bank#banks#international


Vietnam Eximbank gets factoring go-ahead

The Vietnam Export-Import Bank, or Eximbank, has been approved by the central bank to provide factoring services after (more…)

#bank#banks#interest rate


Coface aims at 38pc premium growth and new factoring...

Coface do Brasil will end 2006 with close to reais 3m in premiums, which represents a 50% market share (more…)

#3M#bank#banks


Competition regulator probes factoring transactions

Russia's anti-monopoly service has launched an inquiry into factoring operations to sell accounts receivable conducted by (more…)

#assignment#bank#banks


Coface share acquisition beefs up offering in Italy

Coface, the credit insurance and corporate analysis unit of Natixis, said it has agreed to buy a 15% stake in…

#bank#banks#management


Loans to small firms hit record

Domestic lenders have shifted their focus to small- and medium-sized companies (SMEs) from households for their main source of income…

#bank#banks#smes


Mongolian banks receive SME loan boost from Japan

The Ministry of Finance announced Monday that an earlier discussed project where by a Japanese bank would support Mongolian banks…

#bank#banks#Boost


CBK signs credit line agreement

Within the endeavours to promote the trade exchange and drive development process among Arab countries, a credit line agreement has…

#bank#banks#economy


Exim Banks of India, Hungary sign credit pact

Exim Bank of India and Exim Bank of Hungary have signed reciprocal Lines of Credit of USD10m each to support…

#bank#banks#Exim Bank


BRE Bank eyes Czech and Slovak markets

BRE Bank holds a 50% stake in factoring company Transfinance in the Czech Republic. In Hungary, it holds 50% of…

#bank#banks#financial services

Coface forms venture with Russian insurer JSC Capital

French credit insurance and rating group Coface has formed a credit insurance joint venture with Russian insurance company JSC Capital,…

#banks#European Commission#guarantee

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