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Euler Hermes predicts a fall in worldwide business failures...

The acceleration of world growth in 2004 has led to a 5% fall in the global index. However, the economic slowdown that seems likely for 2005 (more…)

5th SME Development Fund opens for applications

The Trade Industry Department has announced that applications for the fifth round of the Small and Medium Enterprise Development Fund…

#funding#Produce#smes


Canbank Factors’ volume up 24.83%

Canbank Factors Limited, a subsidiary of Canara Bank, has posted 24.83 per cent growth in factoring volume at (more…)

#bank


Nafinsa plans to provide ‘unlimited’ factoring resources to exporters

Mexican development bank Nacional Financiera (Nafinsa) will expand its factoring operations to Mexican firms exporting to (more…)


Programme aimed at building relationship between SMEs and banks

At a meeting organised by the For-Jordan Programme, representatives of both SMEs and banks identified the obstacles hindering the flow…


SBC to lend US$35m to MSMEs in South Mindanao...

The state-run Small Business Guarantee Corporation (SBC) will release a loan fund of over P2-billion  to micro, small- and medium-sized…


ADB to provide US$50m for uplift of SMEs

Inaugurating a seven-day training programme on small entrepreneurship development, Industries Minister Matiur Rahman Nizami said small- and medium-sized enterprises (SMEs)…


PPF sells CP Leasing to Credit Agricole's Sofinco

The PPF financial group has sold its CP Leasing subsidiary to (more…)

#bank#banks#Credit Agricole


Enesco announces amendment to Fleet National Bank and LaSalle...

Enesco Group, a manufacturer of giftware, announced an eighth amendment to its current US credit facility with Fleet National Bank…


BoE interest rates announcement

Economists said the monetary policy committee, which made its announcement about two hours after the London bomb blasts (more…)

#bank#Bank of England#interest rates


NCO Group to acquire assets of bankrupt accounts receivables...

NCO Group and Risk Management Alternatives have announced that they have entered into a definitive agreement whereby NCO will acquire…


Coface unit sees premium growth slowing in 2005

The Chilean subsidiary of French insurer Coface has seen premium growth slowing down this year to (more…)

BoI revamps business structure

Bank of India (BoI), India s largest public sector bank, has restructured its business and created (more…)

#bank#McKinsey#SBI

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