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international

Basel II implications for loan and finance documentation

Implementation of Basel II (the new capital adequacy framework) may seem to be a rather remote matter. However, banks and borrowers should be considering its effects on increased costs clauses now to ensure that appropriate action is taken with regard...

#bank#capital requirements#international

Factoring in the UAE – Vijay Vashist, Emirates Bank

Vijay Vashist, head of factoring services at Emirates Bank , says factoring in the UAE has a rosy future despite…

#bank#international#management


UNCITRAL cross-border insolvency regulations 2006

The Cross-Border Insolvency Regulations 2006 came into force in England, Wales and Scotland on 4 April 2006 (more…)

#insolvencies#insolvency#international


EFIC signs reciprocal reinsurance agreement with Germany's Euler Hermes

Under reinsurance agreements, the lead ECA provides export credit cover for the entire transaction on its usual terms (more…)

#export finance#exporters#international


GMAC goes to hedge fund control for $14bn

General Motors (GM) has sold its 51 per cent controlling interest in GMAC, the finance provider, to a consortium of…

#bank#international#liquidity


Bibby Financial Services urges manufacturers to keep their heads...

With the manufacturing sector shedding jobs for the 11 th month in a row as a result of sagging export…

#cash-flow#financial services#international


HSBC Qatar announces plans for factoring service

HSBC Qatar will soon launch factoring services that assist businesses with financing against their outstanding invoices for both domestic and…

#bank#international#invoice


GMAC Commercial Finance announces credit card payment service for...

The Card Payment Service allows GMAC CF s Collection Services department to accept credit and debit card payments in GBP…

#commercial finance#credit protection#financial services


ING Commercial Finance joins IF-Group

The IF-Group's success is a result of the new strategy that focuses not only on the Two-Factor import-export operational platform,…

#commercial finance#ING#international


BancoEstado aims for 4-5% market share in factoring by...

Chile's third largest bank, state-owned BancoEstado expects to achieve a 4-5% market share in the local factoring business by year-end,…

#bank#confirming#international


Carlyle spends US$25m for stake in SME credit guarantor,...

The Carlyle Group has invested US$25m to acquire new shares in a Chinese private credit guarantor for small- and medium-sized…

#ADB#bank#guarantees


Thai Factor Association calls for legal framework for factoring...

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…

#bank#interest rates#international

Global network of Export-Import Banks meets

UNCTAD (United Nations Conference On Trade And Development) Secretary-General Supachai Panitchpakdi opened a one-day meeting of the new Global Network…

#bank#conference#exports

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