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HM Treasury warns of higher risk of money laundering...

This constitutes advice issued by HM Treasury about the heightened risks of money laundering or terrorist financing in the jurisdictions identified. (more…)

#anti-money laundering#financial institutions#international

Landsbanki set for best seller with Ј23 million to...

Landsbanki Commercial Finance has provided Borders (UK) Ltd, one of Britain's leading bookstore chains, with a £23 million inventory facility.…

#commercial finance#i#liquidity


Exim Bank to offer insurance via SCIB

The Export-Import Bank of Thailand (Exim) has signed its first contract to provide easy export insurance services with Siam City…

#bank#exporters#L/C


Banks tighten lending standards for business loans

The mortgage credit crunch has spilled over into business lending as local banks are less risk-inclined than they used to…

#bank#credit reports#receivables


State seizes trust over alleged loss of USD15m

A trust that handled investments for non-profit groups was taken over by the state of New Hampshire on Monday. (more…)

#insurance#investment#risk


3i Infotech launches 'Business Execution Outsourcing' model

To address the challenges faced by the Banking, Insurance and Financial services business, 3i Infotech has a developed a 'Business…

#financial services#international#management


GE Corporate Lending leads USD265m cash flow credit facility

GE Commercial Finance Corporate Lending has announced it led a US$265m cash flow credit facility for EaglePicher Corporation. (more…)

#cash-flow#commercial finance#management


Mission Critical – How software has transformed the factoring...

Software forms the backbone of factoring companies, and business without it would be unimaginable. (more…)

#factoring industry#management#risk


NFC outlook raised – S&P

Standard Poor's Ratings Services said today that it revised its outlook on Russian bank National Factoring Company (NFC) to positive…

#bank#funding#management


Fed cuts rates by 50 basis points

The Federal Reserve on Wednesday cut US interest rates by another 50 basis points in an aggressive move to combat…

#bank#interest rates#management


Coface Romania targets turnover of EUR 500m in 2008

Coface Romania, local division of French insurance group, Coface, granted 140m in loan insurance in the first eight months of…

#insurance#risk


CGC targets SMEs for its latest credit guarantee scheme

Credit Guarantee Corp Malaysia Bhd (CGC) is targeting SMEs for its newly launched credit guarantee scheme Enhance-i. (more…)

#bank#guarantee#guarantee scheme

Company bankruptcies continue to fall – Coface Poland

In 2007, 447 companies went bankrupt in Poland, a 22% drop on 2006. (more…)

#bank#bankruptcy#insolvency

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