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Factoring volume to grow 25% in 2006 as more...

Chile's factoring industry will see business volume grow 25% this year due in part to new players entering the market (more…)

#bank#Bank of America#banks

Cerberus's GMAC bid gathers steam

Cerberus Capital Management may secure funding for a potential bid on General Motors Corp.'s financing arm from its portfolio firm…

#bank#banks#commercial financing


Government to diversify credit guarantee rates for small businesses

The government plans to diversify its credit guarantee fees for small businesses from 1April by setting nine different rates based…

#banks#funding#guarantee


China to launch company credit database in H1

The People's Bank of China says that China aims to establish a nationwide credit database. The information gathered on corporate…

#bank#Bank of China#banks


Getin Bank launches 'Factor in Bank', targets SMEs

Getin Bank has announced the launch of a new division which is to concentrate on providing factoring services for small-…

#bank#banks#smes


IMEX® achieves SWIFTReady Gold status for 8th consecutive year

Surecomp, a leading provider of global trade solutions for the financial services community, today announced that its flagship trade finance…

#banks#financial services#global trade


Unionbank plans factoring and leasing schemes

The bank has serious intentions of developing leasing and factoring schemes in Bulgaria and plans to (more…)

#bank#banks#insurance


Factoring players to form national association

Leading factoring players in the country are to form an association for further development of the industry (more…)

#bank#banks#global trade


Factoring industry turnover up 12% in Q4 2005 –...

The renewed focus by banks on the small business market should fuel continued growth in the debt financing market this…

#banks#risk#SAFE


Small exporters lose appetite for loans

Data submitted to the Export Development Council on the lending records of the five biggest government small- and medium-sized exporters…

#bank#banks#exporters


Banco Rнo aims to double SME lending

Argentine bank Banco Río announced that it expects to double its small- and medium-sized enterprises (SME) loan portfolio in 2006…

#bank#banks#small businesses


Desarrollo aims to boost profits 20% in 2006

Chilean bank Banco del Desarrollo expects to see a 20% profit increase in 2006, local daily La Tercera quoted bank…

#bank#banks#Boost

Government to canvass liberalisation of factoring transactions

Russia's ministers met yesterday to canvass liberalisation of factoring transactions. Economic Development Minister German Gref, who calls for abolishing licenses…

#bank#banks#GDP

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