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The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed…
Mexico's largest financial group BBVA Bancomer at a Wednesday press conference unveiled a program to issue 6bn pesos (US$526m) in…
To boost credit flow to the small-scale sector, the government is likely to introduce a credit rating scheme for small-scale…
CIT Group Inc., a leading provider of commercial and consumer finance solutions, reported that Standard & Poor's has now included…
The Bangladesh Bank (BB) has issued prudential guidelines for consumer financing and small enterprise financing to protect the interest of…
According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…
Amlin Credit, the specialist trade credit insurer of Amlin plc, is delighted to announce the appointment of Damien Dawson as…
Since the 1970s, the government had imposed various regulations to give an edge to local lenders. But this is expected…
Despite the central bank's recent hike in interest rates, Chinese companies will continue to enjoy low-interest loans when they invest…
The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…
Credit insurer Euler Hermes, a unit of Assurances Generales de France SA (12592.FR), said nine-month revenue slipped 0.7% following the…
The state-run Small Business Corp. will establish a 20 billion won (US$17.9m) fund to help create jobs for small- and…
In a further sign of the continued recovery of the economy, late payments and defaults by Hong Kong businesses have…
Chilean financial group Grupo Security's factoring division holds a 12% market share and pulls in about 26% of the group's…
An article by Doug Roberts, Chief Executive Officer, Avolent. Cash is the lifeblood of every company. Cash flow, particularly incoming…
Over five years AGIO Bank (Kyev) plans to increase its share in the basic segments of the banking market of…
Over half of Midlands owner-managers feel their business is being held back because of late payment by their customers. At…
Exim Bank (Tanzania) Ltd announced that it has recorded a net income after tax of TZS1.009bn (US$975,000) in the financial…
State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…
Local small-business owners have been advised that the European Commission (EC) has approved a new loan scheme to help enterprises…
State-run Korea Development Bank (KDB) on Wednesday announced plans to provide 3 trillion won to small-and medium-sized enterprises (SMEs). In…
Karnataka Bank has posted a record profit of Rs133.17 crore in 2003-2004. The Bank has continued to focus on lending…
Small Business Minister Nigel Griffiths today welcomed new figures that show the highest number of business VAT registrations since records…
Powered both by local growth and regional expansion, the area's top community banks ramped up their small business lending by…