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A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided to work on various proposals that would remove the current hurdles in such units seeking institutional finance. Among the proposals...
#bank#interest rates#late payment
The Industrial and Commercial Bank of China (ICBC) announced Tuesday that the central bank has officially ratified the ICBC to…
Chilean development bank Banco del Desarrollo aims to grow lending 8-10% next year, compared to this year's forecast 3.6% growth,…
#bank#commercial lending#Credit Agricole
The Philippine Stock Exchange has approved the listing of leasing and financing firm Makati Finance Corp.(MFC) on its small and…
The European Bank for Reconstruction and Development (EBRD) and Hansabank will sign a cooperation agreement on financing the operation of…
#bank#leasing
The aggregate leasing and factoring portfolio of members of the Latvian Leasing Provider Association (LLPA) reached 259.5 million lats in…
Factoring companies have increased their business by 8.2% from January to September to Pesos$1,228,287 million (US$1,820 million), according to estimates…
French bank Credit Cooperatif has acquired a 2 per cent stake in the capital of the national bank that heads…
#bank
The FDA has released its third quarter statistics. The figures show that export factoring and invoice discounting services have decreased…
#credit protection#invoice#management
Declaration of the Vallarpadam and Puthuvypeen areas as special economic zones will reduce the cost of the proposed trans-shipment terminal…
Twenty-year banking veteran Kathleen Tye was recently named vice president and business development officer for factoring services for Wells Fargo…
#Vice president#WHO
Dynafactor became the latest addition to the factoring software market when Archimedes launched it today with an announcement from Kostas…
#international#software
Current UK money laundering regulations require financial institutions to apply adequate due diligence when assessing clients. If money laundering is…