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CIT Group Inc the commercial and consumer finance group reported net income of US$210.4m for the first quarter 2005, an increase from US$189.3m in Q1 2004. Diluted earnings per share were US$0.98 for the quarter, up from US$0.88 last year....
#CIT#commercial finance#leadership
Bibby Financial Services, a global provider of business cash flow solutions, has launched a unique new trade services offering, providing…
#commercial finance#financial services#smes
Research by the Better Payment Practice Group (BPPG), has found that two fifths of businesses are risking bad debts by…
The Hongkong and Shanghai Banking Corporation Limited has appointed Bruno Lechevalier as head of structured trade finance Asia-Pacific, with effect…
The supervisory board of French bank Banque Sanpaolo is discussing the bank's strategy for the period between now and 2007.…
The government is targetting a total of P310bn (US$5.7bn) allocation up to 2010 under the SME Unified Lending Program for…
Colombian loan guarantee organisation Fondo de Garantнas de Antioquia (FGA) has invited all the country's banks and chambers of commerce…
#banks#guarantee#small businesses
The British Bankers’ Association’s (BBA) monitoring of activities of the main banks involved in the SME market provides the following…
#banks#cash-flow#small business
A normative act that will facilitate access of small- and medium-sized enterprises (SMEs) to micro-credits has been adopted last week…
Through its Romanian representative office, American-based financial holding Magnus LLC has launched a US$50m loan programme for Romanian companies that…
#guarantees#interest#interest rates
Siam Commercial Bank yesterday announced that it would set up a new business unit to offer factoring services to small…
A global leader in credit insurance and credit management, Atradius NV, is boosting its collections service, with the appointment of…
#Atradius#debt collection#international
The Turkish Union of Chambers and Commodities Exchanges (TOBB) has announced it will lend YTL 100m (Ђ55m) to small- and…