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receivables

CORRECTION: UniCredit Factoring adds mass business in its target...

UniCredit Factoring Bulgaria expects the share of domestic non-recourse factoring clients to reach 34pc by the end of the year. (more…)

#management#non-recourse factoring#receivables

Citi to provide assed-based finance to mid-sized business

Citi Commercial Bank expands asset-based lending for mid-sized companies. (more…)

#bank#Gordon Brothers#international


Online Commodities Exchange to provide receivables finance to beef...

The Italian Online Commodities Exchange launches an initiative to revive national beef industry. (more…)

#financial services#insolvency#invoice


Lloyds sells corporate, vehicle and equipment finance assets to...

Westpac beats Pepper, Macquarie, in USD1.45 billion takeover. (more…)

#acquisition#bank#international


Romanian factoring market decreases 15pc

Despite a 15pc decrease of factoring market volumes in H1 2013, the nian Association of Factoring expects positive end of…

#Flexible Funding#insolvency#receivables


Trade credit insurer Euler Hermes expands North American services

Trade credit insurer Euler Hermes S.A. has announced the launch of CAP, a product that offers its U.S. and Canadian…

#receivables#risk#trade


Report: Emerging markets to lead infrastructure trade surge

Infrastructure-related trade will triple by 2030 when it will account for more than half of global exchanges of goods, boosted…

#emerging markets#exporters#exports


Russian auto-giants develop taste for factoring

NFC says it would factor RUB1 billion of KAMAZ invoices by the end of the year. (more…)

#bank#banks#factoring contract


Ecobank, AGF broker USD50 million deal for SME lending

African Guarantee Fund agrees to back Ecobank's SME financing programmes, including contract and receivables finance, distributorship finance and asset finance.…

#bank#receivables#SME financing


HSBC appoints new global head of business development for...

HSBC has announced the appointment of Bart Ras as global head of business development for the company's global trade and…

#bank#global trade#receivables


BoAML strengthens SCF involvement in China

BoAML launches electronic commercial draft system in two more branches. (more…)

#bank#Bank of America#receivables


Control over factoring operations to become more stringent

China 's banking regulator has instructed banks to better monitor receivables finance as demand burgeons and banks relax their oversight…

#bank#Bank of China#international

GE Capital contributes to ABL development in Japan

GE Capital provides USD20m ABL facility to a Japanese data storage manufacturer. (more…)

#bank#commercial finance#liquidity

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