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Providence Group’s fraud latest update

It is “highly unlikely” that investors in the failed Providence mini-bonds will... (more…)

#bad debts#bonds#Deloitte

First Estonian Member of FCI

FCI has announced that Versobank AS has become its first Member from Estonia (more…)

#bank#banking services#bonds


IFCI Factors receives capital injection from parent after losses

Capital provided to meet regulatory minimums following drop in performance (more…)

#bank#bonds#management


Banks left out to dry in liquidity market scheme

Collateral demands may exclude very banks facility was set-up to aid. (more…)

#bank#bonds#liquidity


Sixteen local banks financed close to EUR200 million in...

Company’s employee took out 280 billion won in receivables backed loans (more…)

#banks#bonds#receivables


New Governor to advance Electronic Bill Factoring Exchanges

Raghuram Rajan lobbies the development of factoring exchanges for SMEs in his address as a central bank Governor. (more…)

#bank#bonds#MSME


HSBC gives GBP10m to ‘feed dogs and cats’

HSBC funds Macclesfield pet provider. (more…)

#bank#bonds#financial institution


EBRD supports first listed auto loan securitisation in Poland

In the first rated asset-backed securitisation deal since the financial crisis and the first such deal to be offered to…

#bank#bonds#financial services


Factoring Security to raise USD48 million on the stock...

Factoring Security plans bond emission. (more…)

#bonds#security


ECB Survey points to further corporate funding disintermediation pressures

Banks are reported to continue to tighten credit standards on loans to enterprises. (more…)

#bank#banks#bonds


Alpha Bank to break engagement with Eurobank

The plans to create the biggest bank in Eastern Europe will remain just a good intention. (more…)

#acquisition#bank#banks


Shanghai unveils new initiatives for SME support

The city of Shanghai is to launch new initiatives and expand existing schemes to help its 337,000 SMEs, according to…

#bonds#economy#smes

Alapis and RBS step on warpath over Ђ60m factoring...

Alapis, the Greek pharmaceutical company, continues to fight to get back 60 million from Royal Bank of Scotland (RBS). (more…)

#bank#banks#bonds

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