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management

The future of Thai banking

Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence or risk being marginalised as a credit company with a sharply restricted scope of operations. Foreign banks are similarly weighing...

#bank#financial services#management

Factoring – Is this the finance option for your...

Karan Bilimoria, the founder of Cobra Beer, is a cheerleader for factoring, which he says is ideal for an ambitious…

#bank#commercial finance#debt collection


Higher audit threshold will not affect creditworthiness checks, says...

Experian®, the global business solutions company, has issued an assurance to banks, leasing companies and businesses that trade on credit…

#Commercial Credit#commercial lending#management


DTI looks to revise November exports statistics

The Department of Trade and Industry (DTI) has insisted that Philippine exports grew by at least 18 per cent last…

#exporters#exports#management


EUROFACTOR gets Sony approval to fund MBO

EUROFACTOR, the Reading-based business finance experts, have announced their most recent high profile deal by helping to fund the management…

#business finance#funding#invoice


Steelmaker seeks bankruptcy protection to restructure with syndicated finance

Stelco, Canada's largest steelmaker, announced yesterday that it will seek bankruptcy protection as part of efforts to restructure its money-losing…

#bankruptcy#CIT#commercial finance


Exporters will get to hedge trade risk

The mini-Exim Policy today raised the equity base of the Export Credit Guarantee Corporation (ECGC) of India by Rs 300…

#bank#exporters#exports


Cashflow a problem for small business

Cashflow has emerged as the biggest concern for South Australian small businesses, according to a survey carried out by Intrinsic,…

#bank#management#small business


EXIM to become core bank for international business

The Export-Import Bank of Korea (EXIM Bank) will focus primarily on opening up new markets in developing countries and expanding…

#bank#guarantees#international


Euler Hermes Collections appointed affinity benefit provider by British...

Euler Hermes Collections UK Limited, one of the UK’s leading commercial debt collection agencies, has been appointed the preferred affinity…

#debt collection#late payment#management


Euler Hermes reinforces its presence in the Nordic countries

The world leader in credit insurance has confirmed reports of its takeover of the Finnish Credit Insurance Company (FCIC) (see…

#Allianz#guarantees#insolvency


Boston Financial opens debt-management unit

Factoring company, Boston Financial Corp., yesterday unveiled a new unit, Boston Financial Solutions LLC. The new venture will focus on…

#management

SME Bank restructures after fraud

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…

#bank#debt collection#economy

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