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Arbuthnot to enter invoice finance market with BoE funding

Arbuthnot Banking Group has announced its plans to enter the asset finance and invoice finance business, aided by cheap funds from the Bank of England's Funding for Lending Scheme (FLS). (more…)

#bank#Bank of England#invoice

EBRD steps up support for Romanian SMEs

EBRD to provide EUR80 million facility to Banca Comerciala Romania (BCR). (more…)

#bank#funding#smes


ABFA plans for self-regulation system

The Asset-Based Finance Association (ABFA) is creating a system of self-regulation following complaints about its members unfairly withdrawing credit lines…

#banks#invoice#regulation


Promsvyazbank strengthens SME finance team

Promsvyazbank has promoted Kirill Tikhonov to Vice-President, Small and Medium enterprises business. (more…)

#bank#management#small business


African businesses are at risk of major credit scams

Coface to identify major credit scams in the South African region (more…)

#bank#frauds#risk


CEMEX rolls-over its securitisation of accounts receivables programme

Global building materials company, CEMEX, has announced that it has successfully rolled-over its securitisation of accounts receivables programme in Mexico.…

#bonds#receivables#securitisation


Panamanian Government gives $9.6 million to MSMEs in past...

Since its launch in 2008, the Trust Fund for the Financing of Competitiveness has provided US $9.6 million worth of…

#bank#exports#financial services


Ex-manager of factoring company to pay over one million...

Former manager of S derblom Factoring Service to pay one million EURO in damages to the employer (more…)

#interest#trade#Trust


Financial house breaks into factoring

LB Finance Plc , one of the oldest financial companies in Sri Lanka, is hiring top factoring professional for a…

#bank#financial services#Trust


ABN Amro and Fortis Bank Nederlands complete merger

The merger between ABN Amro and Fortis Bank Nederland was legally completed today, with the two banks now operating under…

#ABN AMRO#bank#banks


Attracting new prospects

David DiPiero, CEO and Director of FGI Finance in the United States, talks to Factorscan about developing client relationships in…

#bank#banks#risk


Promsvyazbank – EDC enter loan agreement

Promsvyazbank has entered into a loan agreement with Export Development Canada (more…)

#international#Trust

Govt set to announce second stimulus package

The Malaysian government is working on the details of the second stimulus package according to the Deputy Prime Minister (more…)

#awards#management#smes

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