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Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs. Despite representing an important customer group for banks, small- and medium-sized enterprises (SMEs) are not free of credit risks, with their funding demanding...
#bank#information systems#risk
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
The Philippine Export-Import Credit Agency (PhilEXIM) has approved a package of measures that would reduce the cost to exporters of…
#exporters#guarantees#risk
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
The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale…
#bank#capital requirements#smes
#working capital#working capital finance
New loans are being made available to small- and medium-sized enterprises (SMEs) which have been suffering from a drought of…
#banks#management#receivables
GMAC Commercial Finance has approved a new US$45 million factoring facility for leading private label and private brand casual apparel…
#capital requirements#commercial finance#management
Oman's youngest finance company, Taageer Finance Company (SAOC), has posted an over 85 per cent jump in net profit for…
#bank#investment#leasing
A successful relationship between City-based receivables finance specialists, Enterprise Finance Europe (EFE), and new Oxfordshire-based client, Jonathan Crisp, has provided…
#cash-flow#invoice#management
One result of China's macroeconomic adjustments is working capital loans are being squeezed slightly more than investment loans, the head…
#bank#conference#guarantees
The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…
#capital requirements#management#receivables
Small- and medium-sized enterprises (SMEs) wanting to finance their information and communications technology (ICT) implementation are currently faced with a…
#cash-flow#Funding Options#smes