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Commercial Financing and Management Firm teams up with US...

Ardaini & Associates has agreed to join the US Global Marketing Advisory Board, providing management consulting and commercial financing services. US Global Marketing Group will be assisting Ardaini & Associates with their Internet marketing strategies. Ardaini & Associates, a Management...

#bank#international#management

Indian Sbi-Canara bank Jv begins operations in Moscow

The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…

#bank#guarantees#SBI


S Kumars to raise US$150m to repay rupee debt

S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…

#bank#cash-flow#guarantee


Exciting developments at Dynamic Commercial Finance

Dynamic Commercial Finance, the independent invoice finance company based in Haywards Heath, has been acquired by Enterprise London Limited (ELL).…

#commercial finance#financial services#IGF


Creating the perfect factoring package for SMEs ‘is an...

Getting the right finance deal for your company – big or small – demands creative solutions, according to a factoring…

#bank#credit protection#management


Hotels urged to raise working capital ‘the new way’

Local hotel operators should consider using asset securitisation as a means of raising working capital to finance construction, according to…

#bank#bonds#guarantee


Citibank targets SMEs

Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs. Despite representing an…

#bank#information systems#risk


First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…

#bank#capital requirements#credit risk


PhilEXIM lowers fee rate

The Philippine Export-Import Credit Agency (PhilEXIM) has approved a package of measures that would reduce the cost to exporters of…

#exporters#guarantees#risk


Banks urged to support SMEs by loosening loan controls

China’s commercial banks have been urged to accelerate loan support to private sector when tightening lending policies to cool down…

#bank#bank loan#interest rates


Banks allowed to buy more SME receivables

The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale…

#bank#capital requirements#smes


Customised credit programme comes to the aid of SMEs

New loans are being made available to small- and medium-sized enterprises (SMEs) which have been suffering from a drought of…

#banks#management#receivables

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