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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 the twelve months ended 31 July 2004, an increase of 10.6% compared to the 2003 figure. Turnover for the year...

#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


Euler Hermes Q1 turnover up

Euler Hermes, the French credit insurance company, saw its turnover rise by 7.2 per cent, to €478m, in the first…

Factoring group to acquire Eurofactor

Transfact, the factoring division of French banking group Credit Agricole, will incorporate sister company Eurofactor on 1 October, with the…

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