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OCBC loans for SMEs to increase by 25% this...

OCBC Bank (M) Bhd expects to approve RM5 bn in loans for small- and medium-sized enterprises (SMEs) this year, up from RM4 bn in 2004. “This is in line with our mission to become one of the top SME banks...

Micro loans up 194% at the end of February

Venezuela's financial system reported bolнvares 799bn (US$372m) in micro lending at the end of February this year, a 194% jump…


BOV offers financing support packages to SMEs

Bank of Valletta is offering its support to small- and medium-sized enterprises (SMEs) to facilitate the tapping of new business…


Experian extends its anti-money laundering solutions into Latin America

Experian, the global information solutions company, has announced that it has signed contracts to install its anti-money laundering and regulatory…


‘Reckless’ directors in bogus invoice case to pay back...

Two directors who recklessly presided over the Ђ6 million collapse of Doherty Advertising will each pay back just Ђ150,000 under…


Turnaround specialist launches service for invoice finance providers

Corporate Strategies, the national turnaround specialist, has launched a new service dedicated to working with invoice finance providers to deliver…

#economy#factoring industry#invoice


Siam General Factoring merger plan tipped to have collapsed

A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed. A source said the deal's collapse…


Intesa Mediofactoring profit 2004 increased by 70%

The Board of Administration of Intesa Mediofactoring, the factoring company of Intesa group, analysed and approved the project of balance…


Basel II reforms will have “positive effect on SME...

Politicians and financiers agreed on the importance of readily providing capital to small- and medium-sized enterprises (SMEs) and bemoaned the…

#bank#forum#guarantees


EC-funded project to boost SME development

The European Commission-financed Small and Medium Enterprise Development Fund (SMEDF) project in support of Vietnam’s small business was officially launched…

#bank#European Commission#small business


Exports hit US$6.7bn in first quarter

Vietnam’s exports remained strong in the first quarter of this year, according to official figures. In the first three months,…


Standard chartered targets SME loan growth

Standard Chartered Bank Malaysia Bhd expects a 30-to 40 per cent growth in loans to small- and medium-sized enterprises (SMEs)…

#bank#financial services#SME lending

US EXIM Bank opens window for Pakistan

The Export Import Bank of the United States (EX-IM Bank) announced that it has opened for short- and medium-term programmes…

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