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Bankruptcy wave in the construction industry

The Hungarian construction industry is facing a steep downturn after the large boom of 2001-2005 created by the government  housing loan subsidies, rapidly increasing real wages and the generous government spending on infrastructure projects. (more…)

Ampa Capital, Leumi Card launch small business card

The program will provide additional credit for companies with annual sales of up to NIS 30m. Ampa capital Ltd. and…

#bank#Bank Leumi#Leumi


Russia's URSA Bank raises US$63m loan for trade financing

Russia's URSA Bank had raised a US$63m syndicated loan with a 12-month maturity. (more…)

#bank#banks#ICICI Bank


FNB donates N$440 000 to SMEs

First National Bank donated N$440 000 to a local small- and medium-sized enterprise development organisation, SMEs Compete. (more…)

#Access to Finance#bank#management


Fitch rates HNS Banco bonds at AAA

Fitch has assigned an AAA rating to the 10-year, peso55.6bn (US$105m) bonds issued by Chile's HNS Banco, 47% of whose loan…


SMEs continue to improve in May

Sentiment at Hungary's SMEs continued to improve in May, following a trend started in February, according to the latest measure…


The FDA Annual Dinner 2007 – a great success

Jeff Longhurst (FDA Chairman) kicked off the evening with a welcome speech which highlighted some recent achievements of the FDA.…


Coface predicts hard landing for some sectors of UK...

Many more companies are approaching Coface considering invoicing discounting to ensure cash flow. The demand for their debt collection services is beginning…


BNDES boosts loans to SMEs by 49%

Brazil's national development bank BNDES generated reais9.10bn (US$4.69bn) in indirect loans to microenterprises and SMEs. (more…)


New Managing Director for Atlantic Risk Management Services

Jo Bennett-Coles has been appointed Managing Director of Atlantic RMS, the Work out and Audit specialist. Jo has been with…


Coface Collections North America integrates operations

Coface Collections North America, Inc., the US leader in international accounts receivable management and commercial debt collection, announced the integration…

#debt collection#international#management


Diamond Bank, Shell, GroFin float US$31m fund for SMEs

Diamond Bank Plc, Shell Petroleum Development Company and GroFin of South Africa, have concluded plans to float a US$31m [N4bn]…

#bank#economy#smes

Banco de Finanzas seeks IFC funds

Nicaragua's Banco de Finanzas (BDF) asked the World Bank's International Finance Corporation (IFC) to consider providing two loans worth a…

#3M#bank#international

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