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Bancoex SME lending jumps in H1

Banco de Comercio Exterior (Bancoex), the Venezuelan government's foreign trade bank, issued some 89.4bn bolivares (US$35.2m) in loans during the first six months of the year, said a Bancoex representative. The bank's lending was focused on small- and medium-sized enterprises (SMEs)...

#3M#bank#SME lending

Further base rate cut announced

The Hungarian National Bank s (MNB) Monetary Council has cut the base rate by (more…)


Atradius warns government – cut in export aid could...

Credit insurer Atradius has urged the Government not to make any more cuts to the aid and support offered to…

#Atradius#exporters#exports


GE Commercial Finance to double share of European market...

GE Commercial Finance, the US financial service provider, aims to double its current share of the European market by 2008,…

#bank#commercial finance#investment


Eurofaktor eyes ZL8m annual net profit

 Eurofaktor's vice president Miroslaw Nowicki is satisfied with the financial results in the second quarter (more…)

#smes#Vice president


GE Commercial Finance profit up 25% in Q2 2005

Revenues and segment profit from GE's Commercial Finance business stood at (more…)

#acquisition#CIT#commercial finance


Minister announces Entrepreneurship Development Fund for SMEs

Industries Minister Maulana Matiur Rahman Nizamai has announced that the the country's central bank will soon form an Entrepreneurship Development…

#ADB#Asian Development Bank#Bangladesh bank


Medicinos Bankas factoring portfolio quadruples

Compared to the first half of 2004, Medicinos Banka's factoring portfolio more than quadrupled year-on-year (more…)

#3M#bank


Iran becomes ECGD’s 4th-biggest market for credit guarantees

The UK government's Export Credit Guarantee Department (ECGD) issued financial support for UK companies doing business with Iran in the…

#guarantee#guarantees#insurance


INVEGA guarantees SME loans worth LTL 36.41m

The company said its guarantees have helped small- and medium-sized enterprises (SMEs) to take loans worth (more…)

#3M#guarantee#guarantees


Deutsche Bank closes first 12-year rouble export finance deal

Deutsche Bank successfully arranged the first ever 12-year Russian Rouble export financing for the Russian Province Samara (Samara Oblast) with…


VUB Factoring appoints new chairman

He has worked in VUB Bank since 2003, first as director of the Business Finance department and then as director…

#bank#business finance#trade

GMAC’s US and UK divisions join to provide US$24.4...

The asset-based lending divisions of GMAC Commercial Finance in the US and the UK have provided a combined (more…)

#commercial finance#receivables

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