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Factoring companies included in enhanced money laundering law

The fight against money laundering is to be widened to prevent the financing of terror and financial crimes. Factoring companies included within the scope of the amended law. (more…)

#financial institutions#insurance#investment

IFC considers 20% stake in Factorline

IFC is considering a 20% stake in Chilean factoring firm Factorline through an equity investment of up to US$12m .…

#investment#liquidity#MSME


Banco de Finanzas seeks IFC funds

Nicaragua's Banco de Finanzas (BDF) asked the World Bank's International Finance Corporation (IFC) to consider providing two loans worth a…

#3M#bank#international


Euler Hermes UK cashflow and profit report Q1 2007

Q1 2007 sees weaker year-on-year rise in UK corporates' cash flow, as growth of profits slows and payment delays increase.…

#Allianz#cash-flow#cloud


Canam Credit CEO drives acquisitions

This month, Canam Credit Company Inc. has made two significant moves. It announced its acquisition of Canada Debt Assistance (CDA)…

#acquisition#banks#insurance


IDB approves US$1bn loan for BNDES

The Inter-American Development Bank (IDB) has approved a US$1bn loan to Brazil's national development bank BNDES to provide financing for…

#bank#investment#smes


Landsbanki provides GBP50m revolving credit

Landsbanki Commercial Finance, the global asset based lender and structured finance provider, is providing a 50 million revolving credit facility…

#commercial finance#investment#management


Chinese promote Trade & Investment Fair

Delegates from Qingdao, China were in the Sultanate yesterday to invite the Brunei business community to participate in the Asian…

#international#investment#smes


First Investors profits up USD500K

Quarterly profits were up more than 158% at Houston-based auto lender First Investors Financial Services Group Inc. last quarter, increasing…

#financial services#interest#investment


HSBC expands presence in SME sector

Hsbc has achieved a stable 15 per cent growth to a pre-tax profit of HK$50,016m in its consolidated financial results…

#bank#banking services#insurance


GMAC Commercial Finance sells equipment finance portfolio to Prudential...

GMAC Commercial Finance LLC (GMAC CF), a wholly-owned subsidiary of GMAC Financial Services, announced today that it completed the cash…

#commercial finance#financial services#investment


New bank owners plan factoring and leasing operation

The bank is a small niche player mainly focused on the SME segment. The new owners will add leasing and…

#3M#bank#investment

Increase in acquisitions in accounts receivable management likely in...

Thanks to two blockbuster transactions in the fourth quarter, merger and acquisition activity in the Accounts Receivable Management (ARM) industry…

#acquisition#investment#management

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