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Intermarket chairman comments on Erste purchase

Erste Bank Group continued to extend its factoring focus in Central and Eastern Europe this week, announcing the acquisition of majority shares in two factoring companies in (more…)

#acquisition#bank#i

NAFIN promotes credit programme for government contractors

Under its new credit offer for SMEs National Financiera will pay up to 50 per cent of the contract value...…

#bank#banks#i


Religare Finvest Partners to finance SMEs through on-line market...

Religare Finvest Limited (RFL) is to bring innovative loan services for SMEs through IndiaMart.com   (more…)

#i#small businesses#SME loans


BBA and banks launch Better Business Finance website

British Bankers Association and banks launch a website to help small businesses to access finance (more…)

#banks#business finance#i


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


HPD announce appointment of new Aquarius account manager

HPD Software Ltd has announced the appointment of Maria Dunne as an account manager for their Aquarius product. (more…)

#i#international#international factoring


First Capital to raise USD100 million

First Capital Holdings places senior notes worth USD100 million to finance its factoring subsidiary. (more…)

#bank#commercial finance#i


ABFA education programme enrols first China student

The Asset Based Finance Association (ABFA) registered their first Chinese student today.Yang Yuerong of the Shanghai Pudong Development Bank has…

#asset based finance#bank#BCR Publishing


Hitachi Capital Invoice Finance appoints new head of Commercial...

Hitachi Capital Invoice Finance announced the appointment of John Atkinson as Head of Commercial Business. (more…)

#banks#i#invoice


Bibby Financial Services announce 24 per cent growth in...

Bibby Financial Services has reported a 24 per cent y-o-y growth in new business for 2009, bringing its year-end total…

#financial services#global factoring#i


SME finance sector could face significant competition from Islamic...

According to Moinuddin Malim, CEO of Mashreq Al Islami, Islamic finance could see growth in the SME commercial finance and…

#cash-flow#commercial finance#i


CIT expands factoring agreement with LF USA

CIT Group today announced that it has expanded its factoring relationship with LF USA Inc, a subsidiary of (more…)

#CIT#i#liquidity

Trade confidence declining amongst Gulf business

Levels of confidence among Gulf business people declined slightly in the fourth quarter of 2009, according to the latest statistics…

#factoring industry#i#international

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