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Interest burden declines more for mid-sized companies

The effects of the steady decline in the interest rates have been sharply divergent for frontline companies (large and mid cap) in India. Large companies have benefited from the decline in interest rates over the last five years. However, the...

#economy#interest#interest rates

GE Corporate Financial Services acquires NMB-Heller Limited UK

GE Corporate Financial Services announced today it has purchased NMB Heller Ltd UK from NMB Heller Holding N.V. The transaction…

#bank#commercial finance#ING


EFIC completes sale of short-term export credit insurance business

The Export Finance and Insurance Corporation (EFIC) finalised the sale of its short-term export credit insurance business to GERLING NCM…

#export credit insurance#exporters#guarantees


CII survey shows small industries realigning to market forces

A snap poll of small- and medium-sized enterprises (SMEs) conducted by the Confederation of Indian Industry (CII) shows a competitive…

#exports#international#smes


SME Bank and Nova Scotia Bank link to boost...

The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has formed an alliance with Toronto-based Nova Scotia Bank…

#bank#exporters#guarantees


ECGC enhances credit operation

The Export Credit Guarantee Corporation of Zimbabwe (Pvt) Ltd (ECGC) says it is enhancing its credit operations at a time…

#bank#exporters#guarantees


Nafin to disperse US$23 million in SME loans

The Secretariat of the Economy (SE) has signed a collaboration agreement with the National Financing Agency (Nafin) that will allow…

#economy#guarantees#SME loans


Crestmark Bank announces new First VP for asset-based lending...

Crestmark Bank has introduced Mark Matheson as its newest first vice president. Matheson will initially be responsible for underwriting and…

#bank#commercial finance#management


Federal funds available to small businesses affected by storms

Low-interest federal loans of up to US$1.5 million have been approved for small businesses affected by storms that swept across…

#interest#small business#small businesses


Taageer Finance lease and factoring income doubles in first...

Taageer Finance Company SAOC, the youngest non-banking finance company in Oman, reported a 2.7 times jump in its net profit…

#bank#investment#leasing


Crestmark Bank expands its invoice financing resources in Chicago...

Crestmark Bank has introduced Tim R. Bruckner as a new vice president (VP) and regional manager. Bruckner will be working…

#bank#financial services#invoice


Royal Bank of Scotland Commercial Services and FT launches...

Since 1992, the number of companies turning to invoice finance has more than trebled. More and more companies are discovering…

#bank#invoice#management

Mobile operator raises US$530m including credit insurance provided by...

Cell C had raised $530 million (about R4.2 billion) to expand its network through a project finance deal arranged by…

#bank#SACE#trade

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