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liquidity

Fitch affirms Union de Factoring Stable Outlook

Fitch Ratings has affirmed Union de Factoring's (Unifactor) National Long-term rating at 'BB(tun)' with a Stable Outlook and its National Short-term rating at 'B(tun)'. (more…)

#bank#credit risk#liquidity

Bank of Queensland completes purchase of CIT ANZ

Bank of Queensland (BOQ) has announced that it has completed the purchase of CIT Group Australia Limited and CIT Group…

#ANZ#bank#CIT


WTO stresses need for trade finance in developing countries

Pascal Lamy, Director-General of the World Trade Organisation (WTO), has urged for more trade finance to be made available to…

#conference#emerging markets#liquidity


The Receivables Exchange announces agreement with Balboa Capital

Online receivable marketplace The Receivables Exchange today announced that it has been selected by equipment (more…)

#cash-flow#liquidity#management


Emcredit and ECIE sign agreement to support UAE export...

Dubai s official credit information agency Emcredit has signed a Memorandum of Understanding with the Export Credit Insurance Company of…

#export credit insurance#exports#liquidity


Castilla and Leon Board sign factoring collaboration agreement

The Board of Spanish province Castilla and León has signed a collaboration agreement with sixteen financial institutions, to (more…)

#Banco Santander#Caixa#financial institution


Anchor Funding reports net loss for 2009

Accounts receivables financier Anchor Funding Services today reported a net loss of $1.9 million for the fiscal year 2009, an…

#funding#liquidity#order financing


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


3i Infotech announces enhancements to receivables finance product

3i Infotech, a global provider of IT solutions, has announced new enhancements to its range of KASTLE Factoring functions. (more…)

#liquidity#management#receivables


Receivables sales double on Receivables Exchange

Online receivables market place the Receivables Exchange today reported (more…)

#cash-flow#liquidity#receivables


BNL, Ifitalia and Fincantieri sign reverse factoring agreement

BNL-Group BNP Paribas, Ifitalia and Fincantieri have signed a reverse factoring agreement, which (more…)

#bank#cash-flow#economy


EIB funding difficult to access for SMEs, claims CEO...

The EIB s UK funding initiative has been criticised as limiting by Bibby chief executive Edward Rimmer. (more…)

#liquidity#recession#small business

CIT due in court to finalise restructure

CIT Group Plc will tomorrow confirm its plans for restructure in a hearing at the U.S. Bankruptcy Court for the…

#bankruptcy#CIT#CIT Commercial Services

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