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financial services

IFC invests USD50m to help expand access to finance...

The International Finance Corporation (IFC) has announced a US$50 million equity investment, which will help Lima-based BanBif double the number of small and medium enterprises (SMEs) it serves in Peru by 2017. (more…)

#Access to Finance#economy#financial services

Bibby Financial Services appoints Chief Commercial Officer for Europe

Graham Byrne appointed as Chief Commercial Officer for Europe. (more…)

#bank#banks#financial services


Steel giant to provide online trade finance to supply...

The Chinese steel giant Baosteel Group is exploring new territory to set up an e-commerce platform for steel trading combining…

#e-commerce#financial services#management


Bibby unable to access FLS, says CEO

THE UK chief executive of Bibby Financial Services (BFS) has revealed that the factoring firm is unable to access the…

#bank#Bank of England#financial services


Bibby agrees USD3.25m factoring deal with manufacturer

Bibby Financial Services has provided a Canadian manufacturer of composite materials for floors, desks and fences with a US$3.25 million…

#cash-flow#financial services#liquidity


Doha Bank to fund UAE SMEs

Doha Bank, one of the leading GCC-based banks, has announced that it has earmarked US$1.5 billion (Dh5.5 billion) for small…

#bank#financial services#management


Fitch rates Garanti Faktoring Hizmetleri 'BBB’, Outlook Stable

Fitch gives Garanti Factoring a long-term foreign currency Issuer Default Rating (IDR) of 'BBB' with Stable Outlook. (more…)

#bank#financial services#management


Alibaba to challenge SME financiers

Alibaba Group to set up Alibaba Small and Micro Financial Services Group. (more…)

#Alibaba#banks#e-commerce


ABC grants China’s first personal warehouse receipt pledge loan...

Agricultural Bank of China Limited (ABC) has made a loan of RMB20 million to an aquatic products refrigeration storage facility…

#bank#bank loan#financial services


PayPal gets ready to rollout merchant finance programme

PayPal tests merchant financing in UK, similar tests planned in US. (more…)

#credit risk#eBay#financial services


IFC backs leading Mongolian bank with USD20m for SME...

The International Finance Corporation (IFC) has agreed to provide US$20 million to Khan Bank LLC, Mongolia's largest bank by assets,…

#bank#financial services#international

Business growth driven by alternative funding providers

Hundreds of jobs secured thanks to GBP20million of new funding from Bibby Financial Services. (more…)

#alternative funding#financial services#invoice

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