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Hermes, the credit insurer, is to cover a Ђ40m import finance deal between Russian bank Vneshtorgbank (VTB) and German finance group AKA. VTB will receive the funding from AKA for investment in Russia’s food and light industries, sectors that rely...
GE Commercial Finance (GECF), the business-to-business financial services arm of US conglomerate General Electric, said it will invest up to…
Xbridge, the commercial finance portal, has appointed an e-commerce manager to oversee relationships between mid-market clients, factors, asset finance providers…
#banks#channel#commercial finance
GE Commercial Distribution Finance (GECDF), the supplier finance unit of GE Capital, has agreed to expand the distribution finance facility…
St George Bank Ltd has appointed a new head of its Scottish Pacific Business Finance and Business Customers units. The…
#bank#business finance#invoice
GE Commercial Finance (GECF) has completed the acquisition of office equipment finance group IKON Office Solutions, with the purchase of…
#acquisition#commercial finance#financial services
The lowest interest rates in more than 20 years have not significantly curbed company liquidations in South Africa, which for…
Lloyds TSB Commercial Finance (Lloyds TSB CF) unveiled record results for the business with combined profit before tax of Ј52.534m,…
Potential Finance Group PLC has reported a drop in pre-tax profits, according to the commercial finance group’s interim results for…
#business finance#commercial finance#funding
Independent Growth Finance (IGF), the UK invoice finance company, is strengthening its client management team in the south of England,…
Brazilian Banco Santos has obtained a US$35m secured revolving export finance facility from a syndication of international financial institutions, according…
Abbey National Plc has agreed to sell asset finance and leasing businesses to a unit of ING Groep NV, as…
The European Investment Bank (EIB) has provided a Ђ30 million global loan to K&H Bank to finance small- and medium-sized…
#bank#banks#funding