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Kenyan bank seeks $25m Arab, Indian credit lines

The Kenya Industrial Development Bank (IDB) is negotiating for US$25m credit lines from two foreign-based financial institutions. IDB, which said it was quitting retail banking in favour of project financing, said negotiations were underway with the Arab Bank for Economic...

#bank#Boost#Exim Bank

Many small companies unhappy with bank

A third of all small businesses are considering changing their bank because they are unhappy with service levels, according to…


Indonesia banks to offer 60.4 trillion rupiah in new...

Bank Indonesia said the banking system is committed to providing this year new loans of 60.4 trillion rupiah to small-…

#bank#banks#crisis


Wachovia realigns Asset Based Lending Business and names new...

Wachovia announced the formal joining together of Congress Financial Corporation and Wachovia's asset based lending business to form Wachovia Capital…

#Bill#i#leadership


Bank Negara resolves half of SME bad loans through...

Bank Negara Malaysia has resolved about half of the cases of non-performing loans (NPLs) by small- and medium-sized enterprises (SMEs)…


Commercial banks increase share of small business lending –...

Lending by the most important institutional supplier of credit to small firms, commercial banks, increased in 2002-2003, according to a…

#bank#banks#small business


Factoring has not yet reached its full potential

Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that…

#banks#exports#GDP


Fortis reports soaring operating profit 2004

Fortis has released its full year 2004 results today reporting net operating profit before realised capital gains increased by 25%…

#bank#commercial finance#insurance


KUKE doubles credit insurance volume in 2004

Demand for credit insurance policies is growing. The Corporation for Export Credit Insurance (KUKE) insured $2.55bn worth of exports in…

#export credit insurance#exports#insurance


SME Bank to issue debentures to fund import-export financial...

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) is set to issue foreign currency-denominated debentures worth up…


Euler Hermes announces consolidated net profit 2004 shows “sharp...

Following the Supervisory Board meeting that examined the group financial statements on 4 March 4 2005, Clemens von Weichs, chairman…


EquiFin sells factoring company

EquiFin, Inc. yesterday announced that it has sold its factoring company, Equinox Factors, to Coast Capital Partners. The transaction will…

#interest#management#Two

Crйdit Agricole seeks to strengthen factoring activities in Europe

Jean Laurent, chief executive of CrйditAgricole, France's biggest bank by assets, yesterday said it would hunt for acquisitions to strengthen…

#acquisition#bad debts#bank

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