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Bank Indonesia raises interest rate

Indonesia's central bank raised interest rates sharply and the president promised (more…)

#bank#banks#interest

EBRD finances 4,000th trade facilitation transaction

The EBRD s Trade Facilitation Programme reached another benchmark last week: its 4,000th transaction (more…)


CII survey reveals positive shift in SME scenario

The business outlook survey of small- and medium-sized enterprises (SMEs), prepared by the Confederation of Indian Industry (CII), foresees a…


Indian Overseas Bank increases lending to SME

Indian Overseas Bank's loans to small- and medium-sized enterprises (SMEs) are likely to grow by (more…)


OB Heller Factoring appoints new commercial director

O.B. Heller, the Prague-based factor has announced the appointment of (more…)


Senate approves US$5m small business development fund

Puerto Rico's senate has approved legislation that will create a US$5m fund to provide loans to small businesses for (more…)


City Invoice Finance celebrates record growth

Manchester-based independent invoice finance house, City Invoice Finance, has announced record year end results with profits increasing by 36% to…


Chambers employ factoring companies

Chambers of Industry all over the country have been selling their debt to factoring companies due to (more…)


Only 30% of micro-sized businesses receive funding

According to Mibanco's president Oscar Rivera, only 30% of Peru's micro-sized enterprises receive financing from (more…)

#financial institutions#funding#investments


Automating Sarbanes Oxley compliance seen as priority – Virsa/PwC...

Senior finance executives say that automating compliance and control environments is a priority in year two of Sarbanes Oxley compliance,…


Provinces slow to start credit guarantee funds

Only three provinces have set up credit guarantee funds to provide financial support for small- and medium-sized enterprises (more…)

#ADB#bank#international


ADB promotes private lending to SMEs

Yesterday the Asian Development Bank (ADB) signed a loan of US$32.5 million and €2.5 million for Business Development Bank Limited…

#ADB#Asian Development Bank#bank

RDM Factors dips into loss

RDM Factors has reported a loss for the year to 31 December 2004 of (more…)

#bank

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