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Manufacturing still strong but output growth weakens

Demand for manufactured goods remains high, but firms' expectations for output growth is weaker than in the first half of 2007. (more…)

#bank#Bank of England#interest

Block discounting – taking brokers into the big league

Andrew Dearden of Siemens talks to Bridget Rattigan about block discounting, a well-established and growing form of funding for the…

#cash-flow#interest rates#risk


Sal. Oppenheim increases stake in IKB

Sal. Oppenheim has increased its minority share in SME bank IKB Deutsche Industriebank to over 5%. (more…)

#bank#banks#management


VARs should factor for late payments, e-bcm warns

e-bcm is urging more SME resellers to consider the option of factoring as a way of solving late paying customer…

#bad debts#late payment#management


Atradius – credit slump necessary correction of peak

Atradius is concerned the U.S. sub-prime mortgage market crisis will impact the capability of companies meeting their obligations. (more…)

#Atradius#crisis#risk


Humphreys forecasts high growth at Factorline

Humphreys has assigned its A- rating to Factorline's peso20bn 10-year bonds. (more…)

#3M#bonds#management


Slovak factoring rose 5.5% in H1 2007

The Slovak factoring market rose by 5.5% in H1 2007, compared to a H1 2006 year-on-year increase of 47%, which…

#Clear#non-recourse factoring#receivables


Eligible exporters to get financing

State Bank Governor said that all eligible exporters would get refinancing as per their entitlement from the scheduled banks. (more…)

#bank#exporters#exports


Basel II norms to squeeze bank credit to SSIs

Implementation of Basel II norms by the banking sector will reduce credit availability to small-scale industries, besides adding to their…

#bank#exports#funding


Euler Hermes UK appoints new director of risk

Mark Wyatt has been appointed as Director of Risk for Euler Hermes UK plc following (more…)

#i#management#political risk


National Factoring Company opens rep office in Kaliningrad

The Kaliningrad office will be the 19th opened by National Factoring Campany in its regional network. (more…)

#invoice#management#risk


GE Heller Bank appointment

GE Heller Bank, the German factoring bank, has appointed Jorg Diewald to its management board. (more…)

#bank#management#risk

Banca Italease realigns risk management after losses

Directors and auditors at Banca Italease have resigned and the bank has realigned its risk management department in the wake…

#bank#management#risk

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