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IDB approves US$116,835,000 loan to Costa Rica

A US$116,835,000 loan from the Inter-American Development Bank will support a programme to boost Costa Rica’s competitiveness by investing in strategic sectors for economic growth: small- and medium-size enterprise (SME) productivity, trade management, technological innovation and rural roads. The programme,...

SIDBI signs deal with UCO Bank

The Small Industries Development Bank of India (SIDBI) has started negotiations with KfW for a €40-million line of credit, which…

#bank#international#SME financing


IFC partners with Malta’s FIM Bank

The International Finance Corporation, the private sector arm of the World Bank Group, recently signed an agreement to provide FIMBank…

#bank#emerging markets#exporters


Thailand-based SCB moves to tighten Sino-Thai trade & investments

Siam Commercial Bank is moving forth to tighten relations in Sino-Thai trade and investment, as it will sign an agreement…

#bank#Exim Bank#investment


Fortis to acquire Dryden Wealth Management

Fortis and Prudential Financial, Inc. of the United States today signed an agreement under which Fortis will acquire 100% of…

#acquisition#bank#international


Fortis Bank enters Hungary

Belgian Fortis Bank recently opened its first representation office in Budapest, Napi Gazdaság reported. Fortis plans to be active in…

#bank#cash management#leasing


10% profit tax for SMEs

Small- and medium- sized businesses (SMEs) would pay 10% instead of 16% profit tax on the first Ft 5m of…


‘One stop shop’ SME funding packages

Key points:State Securities introduces factoring for UK SME’s Expertise in plant hire, printing and transportation industries ‘One stop shop’ funding…


US$5 million to support factoring services to small and...

The International Finance Corporation, the private sector arm of the World Bank Group, will provide US$5 million to Factorline S.A.…

#bank#international#management


Singapore-based International Factors acquires 10% stake in Advance-Finance

Top Singaporean financial company in bid to break into Thai market, The Nation reports. International Factors (Singapore) has agreed to a…

#bank#financial services#guarantees


EDC selects Coface to provide domestic insurance coverage

Export Development Canada (EDC), Canada's export credit agency, and the Canadian arm of a worldwide business-to-business trade facilitator, Compagnie Française…


Shares drop at Banca Italease as Monte dei Paschi...

Italian leasing and factoring group Banca Italease yesterday saw its share price drop by 1.29 per cent to close at…

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