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An estimated 22,000 small- and medium- sized enterprises (SMEs) in Kenya will benefit from Sh4bn credit from the World Bank.…
Commercial banks have reduced bad loan ratios as they strengthened credit analyses and cut loans to borrowers with low credit…
Alliance & Leicester Commercial Bank opened its new business centre yesterday, in Manchester. The Business Centre, based at 298 Deansgate,…
London-based Netherford Factors Ltd has announced an increase in factoring income of 6% for the year to 30 June 2004.…
Roger Bosma, president and chief executive officer of Lakeland Bank is pleased to announce that the bank has established within…
US-based credit bureau Transunion's operations in Nicaragua are in the start up phase with final regulatory approval expected shortly, Transunion…
D.S. Factoring, the receivables administration specialist, has announced increased revenues totalling CZK1.4 bn (Ђ47m) in 2004, a year-on-year increase of…
The Canadian International Development Agency (CIDA) will grant P9.5 million (US$175,000) to the Philippines to promote small- and medium-sized enterprises…
French credit insurance group Euler Hermes (EH) has bought the remaining 30 per cent stake in its Belgian unit, Euler…
Qasim Nawaz, joint director of State Bank of Pakistan said the modalities of long term financing for export-oriented projects at…
The Asian Development Bank (ADB) and the United States Agency for International Development (USAID) have doubled their financial assistance and…
The Kenya Industrial Development Bank (IDB) is negotiating for US$25m credit lines from two foreign-based financial institutions. IDB, which said…
A third of all small businesses are considering changing their bank because they are unhappy with service levels, according to…
Bank Indonesia said the banking system is committed to providing this year new loans of 60.4 trillion rupiah to small-…
Wachovia announced the formal joining together of Congress Financial Corporation and Wachovia's asset based lending business to form Wachovia Capital…
Bank Negara Malaysia has resolved about half of the cases of non-performing loans (NPLs) by small- and medium-sized enterprises (SMEs)…
Lending by the most important institutional supplier of credit to small firms, commercial banks, increased in 2002-2003, according to a…
Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that…
Fortis has released its full year 2004 results today reporting net operating profit before realised capital gains increased by 25%…
Demand for credit insurance policies is growing. The Corporation for Export Credit Insurance (KUKE) insured $2.55bn worth of exports in…
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) is set to issue foreign currency-denominated debentures worth up…
Following the Supervisory Board meeting that examined the group financial statements on 4 March 4 2005, Clemens von Weichs, chairman…
EquiFin, Inc. yesterday announced that it has sold its factoring company, Equinox Factors, to Coast Capital Partners. The transaction will…
Jean Laurent, chief executive of CrйditAgricole, France's biggest bank by assets, yesterday said it would hunt for acquisitions to strengthen…