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Russia's major state-owned bank, Vneshtorgbank (VTB), has signed a cooperation agreement with the Agricultural Bank of China, the company said…
Export Finance and Insurance Corporation (EFIC) has signed an alliance agreement with Zurich Emerging Markets Solutions (ZEMS), the political risk…
Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…
The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…
Korea's small- and medium-sized enterprises (SMEs) are a time bomb, which could shake the financial market due to surging overdue…
A boost for small businesses, offering bigger loans to fund expansion plans, was announced by chancellor Gordon Brown today. For…
Research by the Better Payment Practice Group (BPPG) has found that nearly 11% of businesses would pay their customers late…
Under the Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank (EIB), the European Union’s financing institution, is…
Credit Guarantee Corp Malaysia Bhd (CGC) is increasing its target for guarantee of loans next year to keep pace with…
Kasikornbank (KBANK), in co-operation with the Small Industry Credit Guarantee Corporation (SICGC), plans to offer guarantees for small businesses under…
Depfa Bank Plc is planning to launch a credit insurance division in the first half of 2005 in anticipation of…
The Asian Development Bank (ADB) has agreed to take a minority stake in privately owned credit guarantee provider Credit Orienwise…
National Factoring Company Uralsib-NIKoil (new "factoring" brand of financial corporation Uralsib, ex financial corporation NIKoil) has established its first subsidiary…
Credit guarantee associations nationwide provided credit guarantees for 138 loans worth 5.6 bn yen to small- and medium-sized companies (SMEs)…
Kyrgyzstan's Ineximbank plans to increase its credit portfolio by 16 per cent to som1 bn by the end of 2004,…
Atradius, one of the world’s leading credit insurers, has further improved its already strong capitalisation by issuing 6.6 million new…
Skipton Business Finance Limited (SBF), a subsidiary of Skipton Building Society, has reported a profit before tax of Ј407,050 for…
Sidbi Venture Capital Ltd (SVCL) plans to launch a new Rs500 crore venture capital fund to help small- and medium-…
Small- and medium- sized enterprises (SMEs) in regional areas are expected to get better access to bank loans with the…
The Small Industry Credit Guarantee Corporation (SICGC) hopes to gain an additional one billion baht in loan guarantee fees this…
Eurofaktor, the country’s largest non-banking factoring company, has revealed plans to debut on the Warsaw bourse. Eurofaktor hopes to raise…
Chilean financial group Grupo Security plans to make a capital increase of more than US$55m during the first half of…
Philippine banks have lent more funds to small- and medium- enterprises than the minimum 8 per cent the law requires,…