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ID theft costs UK businesses more than Ј50 million...

UK businesses are being duped out of more than £50 million every year by organised criminals and fraudsters hijacking companies identities to obtain finance, goods or services by deception. As part of its crack-down on economic crime, the Metropolitan Police...

Nine new members joining FCI

During the April 2005 meeting of the FCI Executive Committee, nine new members were admitted, including two members from a…

#bank#Executive Committee#Two


New HSBC CEO in China

Richard Yorke, deputy chief executive China Business of The Hongkong and Shanghai Banking Corporation Limited (HSBC), has been appointed chief…


More than a third of SME’s seek extra financing

More than a third of small- to medium-sized (SMEs) businesses sought additional funding in the year to last August, Statistics…

#business finance#debt finance#funding


BB&T Factors sets Atlanta team

Five veteran lenders have joined BB&T Factors to open a new office to offer domestic and international factoring services.  The…


2004: Business benefit from FDI of Sk313bn in 2004

Compared to 2003 there was a decrease in foreign direct investment (FDI) of Sk8.7bn (Ђ220m) to Slovakia. The majority of…

#investment#investments


Bancolombia expands services to SMEs

Colombia's largest bank Bancolombia announced a new programme designed to provide consulting and support services to small- and medium-sized enterprises…


FNG leads to boost to SME lending

The Colombian loan guarantee fund Fondo Nacional de Garantнas (FNG) is playing a key role in boosting banks' lending to…

#bank#BBVA#international


Finansbank seeks more funds to support SME and foreign...

Finansbank Romania will increase its loan resources for foreign trade and SMEs by Ђ10m from new subordinated and syndicated loans,…


Lloyds TSB Commercial Finance profits up by 10%

Lloyds TSB Commercial Finance has reported a profit of Ј57 million for 2004, a ten per cent growth on the…

#asset-based lender#commercial finance#funding


Small businesses face tougher bankruptcy rules

The new federal bankruptcy law not only makes it harder for individuals to avoid repaying their debts, it also imposes…

#bankruptcy#guarantee#small business


Bulgaria to reduce VAT after 2007

Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new…

HNB base rate cut

Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.…

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