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Banco Italease purchases Factorit

Banca Italease Spa has purchased Factorit Spa on 6th May 2005 for €313,411,831.  Banca Italease Spa, established in 1668 is head of “Gruppo Bancario Banca Italease” considered to be one of Italy’s most formidable players in leasing and factoring services. ...

South West SME’s given financial boost

Small- and medium-size businesses in Plymouth have been given a financial boost through the European Social Fund.  The £2.4 million…


Close Invoice Finance reports pre-tax profit up 10.6% in...

Close Invoice Finance Ltd, part of the Close Brothers Merchant Banking Group, has reported pre-tax profit of £7.22 million for…

#bank#invoice#WHO


Bancoldex to boost micro and SME lending by 16%

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancóldex) aims to boost lending to small- and medium-sized…


Central Bank interest rate decision announced

Following its evaluation of the latest economic developments, the Central Bank (CB) has decided to reduce interest rates for the…

#bank#inflation#interest


Bill seeks to extend progressive credit facilities to SMEs

The government today introduced the Small and Medium Enterprises Development Bill, 2005, in the Lok Sabha, seeking to enhance the…

#bank#investment#management


EXIM Bank sees rise in Q1 net profit

The Export-Import Bank of Thailand (EXIM Bank) announced yesterday that its net profit in the first quarter 2005 rose 8.5…

#bank#Exim Bank#interest


Denizbank announces SME lending surge of 147% in Q1

Denizbank, Zorlu Group's financial arm, has posted net earnings of TRL72 million for the first quarter of the year. The bank's…


GMAC Commercial Finance announces a US$60 million agented credit...

The Retail Finance Group of GMAC Commercial Finance (GMAC CF) announces the arrangement and closing of a US$60 million agented…


Survey notes small businesses are like large corporations when...

Small business owners' attitudes and opinions toward cash management and cash flow indicates a desire for greater efficiency throughout the…


Oseo SME financing totalled 7.5bn euros in 2004

Oseo, the holding group for France's bank for the development of small- and medium-sized enterprises (SMEs), BDPME and its national…

#bank#guarantees#risk


Hong Kong ranks number two for competitiveness behind USA

According to the HK Commercial Daily, a report to be released by the Swiss IMD on global competitiveness in 2005…

#Two

Manufacturers' orders and confidence fall in most regions –...

Most UK regions saw new manufacturing orders fall markedly in recent months, with manufacturers in large parts of the country…

#Clear#economy#exports

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