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economy

New report reveals growing popularity of participatory finance

Crowd finance may become an important source of SME finance, subject to milder legislation. (more…)

#banks#economy#funding

GE Capital: Wide scale use of factoring by public...

In a paper devoted to the revival of growth in Europe, GE Capital focuses on solutions to help combat the…

#crisis#economy#funding


CBC provides USD35m in new factoring and asset-based facilities

Capital Business Credit LLC (CBC), a US-based financial products and services company, has provided US$35 million in revolving lines of…

#banks#economy#trade


MFB gets EUR100m EIB loan for SME financing

The European Investment Bank (EIB) has provided a EUR100 million loan to the Hungarian Development Bank (MFB) to finance small…

#bank#economy#SME financing


No gold for UK businesses after the 2012 Olympics

The research commissioned by Close Brothers Commercial Division shows that 78pc of businesses in the UK haven t benefitted from…

#Boost#economy#invoice


SGBL and EIB agree to invest EUR15m in Lebanese...

The Societe Generale de Banque au Liban (SGBL) and the European Investment Bank (EIB) have signed an agreement for the…

#bank#economy#investment


Invoice finance growing – but firms still wary of...

The Asset Based Finance Association releases quarterly results. (more…)

#asset based finance#economy#funding


EU and EBRD launch new programme for SMEs in...

The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) are joining efforts to help Mongolia diversify…

#Access to Finance#bank#economy


Lloyds shells out GBP170m

Lloyds TSB agrees to provide GBP170 million refinancing package, including invoice discounting... (more…)

#bank#commercial finance#economy


Nationwide to start SME lending

The Nationwide Building Society announced a big increase in lending in the last year and said it would move into…

#economy#financial services#SME lending


Coface: Country risk assessments review

Improvement in Japan and the United States, but euro zone risk on the rise. (more…)

#economy#payment defaults#risk


BNP Paribas starts factoring in Senegal

Bank for Trade and Industry of Senegal (BICIS), a subsidiary of BNP Paribas, launches factoring. (more…)

#bank#economy#smes

Euler Hermes deal Greece and Spain credit insurance blow

Credit insurance provider, Euler Hermes SA, has reduced the volume of insurance it sells for the protection of companies from…

#Allianz#crisis#economy

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