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international

Insolvent lead-acid batteries manufacturer to receive USD500m DIP financial...

Exide Technologies has received final Bankruptcy Court approval of its USD500 million debtor-in-possession (DIP) financing. (more…)

#bankruptcy#funding#international

HSBC survey: Renminbi usage still growing

Half of all international companies in Hong Kong and 30 per cent based in mainland China are now using the…

#international#platforms#receivables


HSBC Survey: US Businesses unaware of benefits of using...

Less than 10pc of US Companies use the Chinese currency in trade. (more…)

#bank#exports#international


EU and EBRD pledge support to SME development in...

The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) has launched the Support to Small and…

#bank#economy#international


VTB Group promotes international factoring programme in Armenia

VTB experts estimate international export and import factoring between Armenia and Russia at about USD800 million per annum, according to…

#bank#exports#international


IFC helps VietinBank improve trade financing for importers and...

The International Finance Corporation (IFC) has provided a US$120 million trade finance facility to Vietnam Joint Stock Commercial Bank for…

#bank#emerging markets#exporters


Coface launches credit insurance in Croatia

After 15 years in the Croatian market, Coface has finally launched its credit insurance activities. (more…)

#exports#insurance#international


Wells Fargo forms commercial services division

Wells Fargo Capital Finance unifies its general and specialised factoring business units. (more…)

#international#management#trade


Mulroy officially assumes Secretary General role at FCI

Factors Chain International (FCI) has officially announced that Peter Mulroy will be the new Secretary General as of 1 July…

#CIT#CIT Commercial Services#emerging markets


DS-Concept Factoring announces new clients

First quarter of 2013 has generated large volume orders for the German trade financier. (more…)

#funding#international#International Trade


Factoring in Canada – a country review

   Mark Perna, Director Accord Financial Ltd provides a review of the Canadian factoring market, covering industry environment, market performance,…

#bank#commercial finance#interest rates


China and Britain sign agreement on currency swap

The agreement of a sterling/renminbi (RMB, or Chinese yuan) swap arrangement between the Bank of England and the People's Bank…

#bank#Bank of England#guarantees

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…

#Access to Finance#economy#financial services

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