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financial services

Comerica Bank and GMAC CFin joint US$60 million credit...

Auction Broadcasting Company (ABC), a highly innovative auto auction company based in Indianapolis, announced the completion and funding of a new US$60 million credit facility. This facility, funded jointly by Comerica Bank and GMAC Commercial Finance is designed to provide...

#bank#commercial finance#financial services

Zurich Emerging Markets Solutions appoints marketing manager in Singapore

Zurich North America announced that Alfred Low has joined Zurich Emerging Markets Solutions (ZEMS) unit as marketing manager. Low will…

#emerging markets#financial services#international


Restructured Grupo Security Q1 2003 profits soar 152%

Chilean financial services group Grupo Security comprising a bank, a factoring unit, a stock brokerage, and a mutual fund announced…

#bank#Boost#financial services


OPIC agreement with Pan-African Export Credit Agency

The Overseas Private Investment Corporation (OPIC) and the African Trade Insurance Agency (ATI), a World Bank and pan-African state-supported Export…

#bank#emerging markets#exporters


Briar Capital opens for inventory and accounts receivables financing

Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…

#bank#financial services#receivables financing


Court gives go ahead for Gerling to sell reinsurance...

German insurer Gerling-Konzern Allgemeine Versicherungs said that it received the go ahead from a German court to sell its reinsurance…

#bank#Deutsche Bank#financial services


Lithuania's Snoras Bank posts sharply increased Ђ3m profit for...

Snoras, Lithuania's fourth-biggest commercial bank, posted an audited net profit of 10.55m litas(Ђ3.057 m)for 2002, compared to 4.51 m litas…

#3M#bank#financial services


Two banks identify Bumiputera SMEs as target market

Many small- and medium-sized enterprises (SMEs) fail to secure loan applications for supporting their information and communications technology (ICT) initiatives…

#bank#financial services#small business


Supply chain giant unveils receivables and insurance products to...

UPS Capital, the financial services arm of UPS, has launched four products to help Canadian companies speed the movement of…

#cash-flow#exporters#financial services


UK banks favour rescue and rehabilitation over insolvency

According to PricewaterhouseCoopers, mid-market companies have been particularly hit by the rise in company insolvencies in 2002. As a raft…

#financial services#insolvencies#insolvency


Bibby’s national SME survey shows skills gap widening

The shortage of skilled workers across the UK is getting worse and is holding back small- and medium-sized firms according…

#financial services#management#small business


Credit Suisse executive joins Schneider’s finance arm

Schneider National Inc., a Green Bay-based trucking firm, has hired Richard Palmieri as president of its financial services division. Palmieri…

#commercial finance#commercial financing#Credit Suisse

Accord declares quarterly dividend

Accord Financial Corp. (TSX - ACD), a leading North American provider of asset-based financial services to businesses, including lending, factoring,…

#Accord Financial#Accord Financial Corp#financial services

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