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Richard Yorke, deputy chief executive China Business of The Hongkong and Shanghai Banking Corporation Limited (HSBC), has been appointed chief executive China Business. The appointment was approved by the bank board on 26 April 2005 and took effect on 1...
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
Five veteran lenders have joined BB&T Factors to open a new office to offer domestic and international factoring services. The…
Compared to 2003 there was a decrease in foreign direct investment (FDI) of Sk8.7bn (Ђ220m) to Slovakia. The majority of…
#investment#investments
Colombia's largest bank Bancolombia announced a new programme designed to provide consulting and support services to small- and medium-sized enterprises…
The Colombian loan guarantee fund Fondo Nacional de Garantнas (FNG) is playing a key role in boosting banks' lending to…
#bank#BBVA#international
Finansbank Romania will increase its loan resources for foreign trade and SMEs by Ђ10m from new subordinated and syndicated loans,…
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
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 will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new…
Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.…
CCF, the French bank, is to acquire the entirety of its factoring subsidiary Elysees Factor through the purchase of a…
#bank#Credit Agricole
Loan disbursement by the Export Import Bank of India rose by 64 per cent to Rs 11,435 crore in 2004-05,…
#bank#bank loan#Exim Bank