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finance

London Scottish Invoice Finance profits up 15%

London Scottish Bank plc (LSB) reported pre tax profits up 13.4 per cent from £7.3m to £8.2m in the six months to 30 April. Factoring division London Scottish Invoice Finance also did well (more…)

Regency Factors to make a move into trade finance

Regency Factors says it is to start offering trade finance products via two local subsidiaries JSM Finance and Cavendish Investments…


Siemens: A new player in UK receivables finance

Siemens Financial Services, the asset finance unit of Siemens Group, has created a new business division to focus on invoice…

#Derek Ryan#financial services#invoice


HSBC to drive supply finance expansion with new recruit

HSBC says the appointment of a new head of trade finance for Singapore demonstrates its commitment to expanding supply and…

#bank#supply chain finance#supply finance


HSBC named best trade finance bank

HSBC Bank Middle East Limited has been named Best Trade Bank in Middle East and North Africa (Mena) region (more…)


EBRD provides finance loan to Metals Banka

European Bank for Reconstruction and Development (EBRD) is lending Metals Banka, a private bank in Serbia, (more…)


IFC global trade finance program provides US$45m in guarantees

The International Finance Corporation (IFC) closed its fiscal year with US$45m in guarantees to Latin American banks as part of…

#bank#emerging markets#guarantees


Barclays Asset and Sales Finance consolidates

Barclays is closing its Birmingham and Hastings units in a move affecting around 350 staff (more…)

#invoice#Two


Textron snaps up Electrolux inventory finance unit

The distribution finance group of Textron Financial Corporation has acquired Electrolux's inventory finance business (more…)


CDC, Absa Bank joins forces for SME finance initiative

The Coega Development Corporation (CDC) has signed an agreement with Absa Bank aimed at helping Small and Medium Enterprises (SMEs)…


Access to finance made difficult through weak collateral –...

Even though eastern Europe's transition to the market economy began 15 years ago, access to credit is still very much…

#bank#conference#emerging markets


Asset finance industry receives US$600,000 boost

The Asian Development Bank (ADB) has put US$600,000 aside to support the development of the leasing industry in Vietnam (more…)

Asset finance industry grows 6 per cent, says FLA

The UK's asset finance industry reached a new record for new business in 2005 despite signs of slowing growth in…

#economy#GDP#investment

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