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Twenty percent of SMEs in risk of going under a shortfall in funding presents serious difficulties for the economy. (more…)
#bankruptcy#funding#interest rate
More directors are suspended at the Cattles group as the company considers selling its invoice finance arm. (more…)
#Deloitte#financial services#invoice
The Chinese government is extending billions in government-backed bank loans to help struggling SMEs. (more…)
#bank#Bank of China#conference
The African Development Bank is looking to promote Egyptian franchising and the establishment of solid local financial instruments. (more…)
#African Development Bank#bank#financial services
KBC downsize structured trade finance office. (more…)
#bank#investment#KBC
European Commission recommends pan-European financial risk watchdog. (more…)
#bank#European Commission#risk
In a survey of factors Factorscan asked to what extent reductions in global credit insurance cover were having an impact…
#Accord Financial#risk#risks
Two US factors have refused to provide funding to Barneys after claiming that the comapny is providing insufficient information on its…
#credit risk#funding#liquidity
Statistics show that leasing and asset finance for capital investment fell during 2008. (more…)
#economy#funding#leasing
Swiss Re. was forced to admit record losses after having tried and failed to restore confidence and profits in its…
#bank#conference#guarantees
Despite their limited exposure to the American collapse, BNP Paribas and Axa have begun to suffer from the effects of…
#bank#emerging markets#international
Atradius and Experian have published worrying reports about the state of the Danish economy (more…)
#Atradius#bankruptcy#international
The crisis has been a period of opportunity for the Bulgarian factoring market. (more…)
#crisis#financial services#risk