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Global

Statutory interest rate for commercial late payments July –...

The interest rate for companies wishing to apply the late payment legislation will be for the period 1 July to 31 December 2005 will be (more…)

SMEs feel chill as banks balk at syndicated loans

Hong Kong's small- and medium-sized companies (SMEs) are finding it increasingly tough to arrange syndicated bank loans as lenders pull…

#bank#interest rates#LIBOR


IDB financing has helped SMEs in Muslim countries

The line of credit offered by the Islamic Development Bank (IDB) has not only made significant contributions towards developing small-…

#bank#conference#guarantees


Factoring – A tool for SME finance – Dhaka...

Speakers at a seminar yesterday underscored the need for widespread use of factoring to mitigate fund constraints of small- and…

#Bangladesh bank#bank#order financing


Shaikh Khalifa Fund to help SMEs

The President His Highness Shaikh Khalifa bin Zayed Al Nahyan, a ruler of Abu Dhabi, has issued law No. 14…


Bank of India and Sidbi sign strategic alliance

Bank of India (BoI) has signed a strategic alliance with Small Industries Development Bank of India (Sidbi) to boost credit…


Atradius warns suppliers – don't put all your eggs...

According to the latest Industry Risk Index by global credit insurer Atradius (more…)

#Atradius#debt collection#invoice


Italease sets IPO price

Banca Italease, the Italian leasing and factoring company, yesterday set its initial public offering (IPO) price at (more…)

#leasing


BCH consolidates small business and retail units

Chile's second-largest bank Banco de Chile recently merged its small business banking units and (more…)

#bank#leasing#management


San Miguel Corporation joins DBP’s project for SMEs

Food and beverage conglomerate San Miguel Corporation has entered into a partnership with the Development Bank of the Philippines (DBP)…

#bank#capital requirements#funding


UniCredito secures HVB in Europe’s biggest cross-border banking takeover

Italy s UniCredito on Sunday night announced Europe s biggest cross-border banking takeover and the creation of a powerhouse in…


Factoring turnover soars

The Lithuanian Leasing Association has reported that the Lithuanian factoring companies portfolio rose to (more…)

Executives resign in wake of factoring discrepancies

The company previously disclosed that its audit committee began an internal investigation in response to an SEC inquiry regarding the…

#JP Morgan#SEC#Vice president

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