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Trade money laundering doubles since 2009

Top government agencies set up committee to probe trade-based money laundering... (more…)

#frauds#i#trade

Kunshan approved as factoring pilot zone

Kunshan city in the Jiangsu Province of China, has been approved as the next factoring pilot zone in China... (more…)

#trade#Two


Garanti Factoring raises TRY 296 million through domestic bond...

Garanti Factoring announces the results of domestic bond issuance for the purpose of financing trade receivables. (more…)

#bank#funding#receivables


Banque Populaire wins quarter of Moroccan factoring market

Banque Populaire Morocco Factoring says it now has 25pc share of the Moroccan factoring market. (more…)

#bank#banks#funding


FIMBank enters Slovenian factoring market

FIMBank acquired shares of Prvi Faktor. (more…)

#bank#banks#investment


Auto manufacturers creditworthiness weakens

Indian auto manufacturing slowdown provides potential bad debt problem. (more…)

#exports#Two#WHO


GE to provide EUR50m invoice financing for recovery of...

GE’s invoice finance facility forms a part of recovery plan for Kem One SAS, which is supported by government and…

#acquisition#investment#invoice


Moroccan factoring experiences 3-fold growth

The tightening of bank credit in Morocco over the past two years has pushed many companies to use factoring. (more…)

#bank#banks#leasing


German Factoring Association to work together with SME representative...

The German Association for Small and medium-sized businesses (DMB) and the German Factoring Association form a new partnership. (more…)

#business finance#German Factoring Association#liquidity


Norske Skog signs EUR 30 million receivables securitised loan

SpareBank 1 Gruppen Finans AS. will provide EUR30 million receivables securitised facility to Norwegian newsprint and magazine paper manufacturer. (more…)

#interest#receivables#securitisation


French factoring grows but not fast enough

Despite of the 8.6pc growth in Q3 2014, the French factoring market is unlikely to reach the rates of 2012.…

#bank#Factofrance#Natixis


BSF provides USD1.5m to company rejected by its bank

BFS provided factoring facility to support expansion of-based manufacturer of plastic containers. (more…)

#bank#cash-flow#financial services

Pacific Basin secures USD51m of ECA financing

Pacific Basin Shipping Limited has finalised the terms of 12-year post-delivery export credit agency (ECA) financing in respect of two…

#bank#insurance#international

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