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economy

Government to create trading house to support SME exports

The government of Hungary has agreed to establish a Trading House to support SME exports, citing a draft of a foreign trade and investment strategy it obtained. (more…)

#bank#economy#exports

DoF: Banks must lend 15bn euros to SMEs over...

Allied Irish Banks and Bank of Ireland will have to lend 15 billion euros between them to small business over…

#bank#banks#economy


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


Receivables Exchange passes one billion dollar mark

The Receivables Exchange (TRE), an online marketplace for U.S. receivables sales, has reported that, since its inception, it has funded…

#business finance#economy#receivables


New EBRD credit line for on-lending to SMEs in...

The European Bank for Reconstruction and Development (EBRD) has increased the availability of financing to MSMEs in Serbia with a…

#bank#economy#smes


EBRD: Egypt needs civilian gov’t in place to allow...

The European Bank for Reconstruction and Development (EBRD) has stressed the urgency for a civilian government in Egypt, as full…

#bank#banks#economy


NBAD launches three SME accounts

The National Bank of Abu Dhabi (NBAD), has added three new business current accounts exclusively for SME clients. (more…)

#bank#economy#GDP


KB Group posts 22.8 per cent factoring growth

Prague-based Komercní banka (KB) Group reports 22.8 percent growth of factoring volume (more…)

#bank#bonds#confirming


Bibby provides $2 million factoring facility to automotive parts...

Bibby Financial Services funds a group of automotive supplier companies (more…)

#economy#financial services#funding


Eos Group expands to France

Eos Group has now entered the French market through an acquisition of ... (more…)

#acquisition#economy#financial services


FBI searches for factoring fraudster

GJB Enterprises owner defrauded investors under the pretence he was operating a factoring business (more…)

#economy#investments#Paid


Hungarian Factoring Association fails to secure state support of...

Hungarian Factoring Association continues to lobby for inclusion of factoring into Széchenyi Plan (more…)

#bank#crisis#economy

Clal Factoring appoints new CEO

Former CEO of Clal Financing Factoring Ltd., Shlomi Sarid, has been appointed as CEO of Clal Credit Insurance. His position…

#economy#i#insurance

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