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Indian SMEs fastest growing among peers in Singapore

Amid robust economic growth in the region, the business landscape for SME firms is bubbling over with the heady scent of opportunities. (more…)

#bank#banks#GDP

Davenham rejects ACP bid

ACP Capital has been rebuffed in a move to acquire Davenham Group on the back of numerous concerns. (more…)

#asset-based lender#funding#international


HSBC Mexico Q3 2007 financial results

For the nine months ended 30 September 2007, Grupo Financiero HSBCs net income was 10.8%, lower than the same period…


Slowing economy affecting business payments

While the Fed lowered key interest rates in an effort to stimulate the economy, the effects of three major economic headwinds…

#bank#interest rates#management


Isracard buys controlling stake in Global Factoring

Bank Hapoalim credit card subsidiary Iscacard Ltd. has signed an memorandum of understanding to acquire 51% of Global Factoring Ltd.…


Banca Italease shares fall 4.73%

 Banca Italease saw its share price fall by 4.73% in Milan on Friday. (more…)


Foreign banks court Chinese SMEs

Some foreign banks, who have incorporated China subsidiaries, are adopting various approaches and strategies to court SMEs in China. (more…)

#bank#Deutsche Bank#forum


Scotland helps SMEs win government contracts

New procurement rules will help SMEs better compete for public sector contracts, the third annual Scottish Public Procurement Conference was…


Draft bill proposes leasing and factoring to be operated...

The Cabinet has passed a newly drafted law designed to legalize short-term financing by non-banking companies. (more…)


PrimeRevenue adds China Expertise to Board with new appointment

PrimeRevenue, a provider of Supply Chain Finance solutions, has appointed Richard C. Dick Cook to its Board of Directors. (more…)

#i#IBM#management


Bank Islam offers RM250m to SMEs going abroad

Bank Islam hopes to get loan applications worth RM250m from SMEs pursuing overseas projects by the financial year ending June 30,…

#bank#Exim Bank#guarantee


IBK 3Q profit dropped by higher provisions for bad...

Industrial Bank of Korea said third-quarter profit dropped by 19% on higher provisions against bad loans and one-time payments to…

#bank#economy#management

Netherlands FMO to set up SME fund

FMO is looking at setting up an exclusive fund in India to finance family-promoted small- and medium-sized businesses. (more…)

#bank#international#microfinance

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