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ANFAC board sees changes at the top after latest...

The board of the National Association of Factoring AG (ANFAC) - Chile's factoring association -  has unanimously agreed to renew three of the five directors, who have led the table since June 2011, for a further two years. (more…)

#financial services#training#Two

GE Capital agrees USD20bn asset based credit facility with...

GE Capital will extend up to two billion yen (US$20 million) of revolving credit facility to Imation Corporation Japan, a…

#funding#international#liquidity


Study: Working capital opportunity at largest U.S. Companies now...

Cash conversion efficiency of American corporations deteriorated for the second year, The Hackett Group s study shows. (more…)

#cash-flow#management#recession


CITR: Business borrowing jeopardises SMEs’ existence

Insolvency specialists, Casa de Insolventa Transilvania (CITR), names five main reasons for business insolvencies. (more…)

#insolvencies#insolvency#management


National Bank of Panama plans to enter factoring

The State National Bank of Panama (BNP) plans to venture into factoring in 2014. (more…)

#bank#banks#Corporate banking


Small German factors having hard times

CEO of Crefo factoring comments on the past fiscal year results. (more…)

#bad debts#i#interest


Study: Irish SMEs badly unprepared for SEPA

Irish firms urged to improve SEPA preparations by Ibec.  (more…)

#bank#banks#compliance


CLFA re-elects its Board

Jirina Tapsikova will continue to chair CLFA. (more…)

#leasing#LIBOR#Two


Suning Tesco launches SCF programme

Suning Tesco offers suppliers two types of loans. (more…)

#Two


Smaller banks say new rules hit their lending

Smaller British banks' efforts to expand their lending practices are being hindered by incoming global financial regulations, a new study…

#banks#crisis#financial services


FCI factoring volumes experience further growth

Factors Chain International s (FCI) two-factor volume of cross-border business grew in 2012 with 36 per cent to EUR 23…

#edifactoring#import factoring#international


Tam Faktoring gets new investor

EBRD purchases 9.5 per cent of Vector Yatirim Holding, who has full ownership in Tam Faktoring. (more…)

#bank#regulation#Two

Aldermore to restructure

Aldermore Invoice Finance has announced restructuring of its operations. (more…)

#Aldermore#Clear#invoice

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