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Bad Debt Protection key for businesses during the credit...

Accountants recommend protection against non-payment despite businesses ignoring the potential risk. (more…)

#insolvency#invoice#late payment

EBRD grants EUR40m loan to SMEs

The European Bank for Reconstruction and Development (EBRD) will grant a €40m loan to Romanian SMEs for the modernization of…

#bank#smes


Need for SMEs to access more funds stressed

Only 40 per cent of the SMEs have access to banking and other financial institutions. (more…)

#bank#international#SME financing


Mandiri gives MSMEs Rp36.6bn in loans

Bank Mandiri signed cooperation agreements with three firms to provide low-interest loans worth Rp36.6bn (US$3.95 m) for micro, small- and…

#bank#conference#international


SBI to create Rs500crore PE fund for SMEs

The public sector banking major State Bank of India (SBI) is now planning to cater to the fund requirements of…

#bank#banks#capital requirements


EIB extends Ђ40m loan for SMEs funding

The European Investment Bank (EIB) extended a 40m loan to Privredna Banka Zagreb (PBZ), Croatia's second largest commercial bank, to…

#bank#funding#investment


Bibby Financial Services Appoints BDO in Midwest

Bibby Financial Services (BFS) has appointed Greg Whitten, business development officer, servicing the Midwestern areas of Rockford and Peoria, Illinois…

#cash-flow#commercial finance#financial services


Bibby Financial appoints VP of Sales

Bibby Financial Services announced the appointment of Jennifer McMullan as vice president of sales. (more…)

#bank#financial services#international


Minister hails new product of Stanchart

Assistant Minister of Trade and Industry has hailed Standard Chartered Bank's efforts to sharpen its competitive edge by introducing new…

#bank#exporters#international


Brokers are more than introducers

Roopi Makkar speaks to director, Kevin Weaver, of Cashflow UK, a specialist brokerage in invoice discounting and factoring. (more…)

#bank#invoice#smes


Bibby Financial Services appoints New York sales team

Bibby Financial Services (BFS) has announced the appointment of new VPs of Sales and Marketing. (more…)

#bank#commercial finance#financial services


Bank urged to subsidise interest rate for loans of...

The SME Bank has been urged to come up with a special financing scheme to help subsidise the higher interest…

#bank#cash-flow#interest rates

Global Trade Finance net up 155pc

Global Trade Finance Ltd. (GTF), India's leading standalone factoring company, has reported a 155 % jump in its net profit…

#bank#international#management

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