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Fortis Bank appoints Paul Peeters as Country Manager for...

Paul Peeters (53) holds a Master of Applied Economics degree from the Sint Ignatius University Faculty of Antwerp and a Certificate in Accountancy and Tax Law from the State University of Ghent. He also completed the General Management course at...

#bank#Corporate banking#i

Segurexpo eyes internal credit insurance

Colombian credit insurer Segurexpo is planning an aggressive move into the domestic market, local paper La Repъblica reported. “The goal…

#insurance#payment terms


GE Capital US$2bn loan for GM facility

GE Capital, a unit of General Electric Co., has withdrawn a US$2bn loan facility for General Motors Corp. and its…


Micro Finance Bank gets award

Consultative Group to Assist the Poor (CGAP), a subsidiary of the World Bank has awarded the international ‘Honourable Mention’ 2004…

#bank#compliance#international


Corporate failures lowest in 15 years

A total of 260 small- and medium-sized enterprises (SMEs) nationwide went bankrupt in February, the lowest level in 15 years,…

#bank#Bill#smes


ABS rising up Private Equity agenda says Demica

Growing demand for flexible post-LBO refinancing structures is fuelling take-up of trade receivables securitisation across Europe, confirms new research from…


Chinas automatic licensing system affect SMEs in steel sector

Nearly a thousand small- and medium-sized private steel enterprises that have just gone out of the macro-control shade in 2004…

#international#Produce#smes


Central bank lifts hard currency restrictions

The central bank (BNR) lifted restrictions on Romanian companies' hard currency acquisitions from 24 February 2005. Previously Romanian companies were…


Eximbank tackles currency exchange risk

Eximbank will launch foreign currency exchange risk operations in March to support exporters, bank president Mariana Diaconescu said last week.…


Ministry tells banks to give credit to SMEs

The Minister of Tourism, Trade and Industry Mr Daudi Migereko has urged financial institutions to extend credit to small- and…


Member of Parliament launches small business project

Member of Parliament for North West St James Dr Horace Chang launched a small business development project in his constituency.…

#i#small business#WHO


North China city supports small businesses

North China's Tianjin Municipality plans to adopt preferential policies to help set up 1,000 new small and medium-sized technological businesses…

Korea Development Bank to aid small firms

Korea Development Bank, the nation's largest state-owned lender to companies, said it will offer 5000bn won (US$5bn) in loans this…

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