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NBS lowers key interest rates

The Slovak central bank (NBS) board has cut its key interest rates. As a result, two-week repo tenders will, as of March 1, drop by 1 percentage point to 3 percent; overnight refinancing operations by 1.5 percentage point to 4...

Japan government to expand loan guarantee programme for SMEs

The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…

#guarantee#guarantees#smes


Ultimate Finance Group expects turnover to increase

Ultimate Finance Group expected to be in profit within the year as it unveiled a 79 per cent rise in…

#banks#invoice#working capital


SME Invoice Finance expands sales team for 2005

Guildford based SME Invoice Finance have significantly expanded their sales team with the appointment of Amanda DeCourcy, a former sales…


KBANK to focus on broadening SME base this year

Kasikornbank Plc plans to expand aggressively into the small- and medium-sized enterprises (SMEs) base by setting a target to lend…


Indonesia's bank Danamon to offer 52% more credit this...

PT Bank Danamon Indonesia will disburse Rp15 trillion (US$1.66m) in new credits this year or a 52 per cent increase…


Central bank cuts interest rate

Cyprus’s central bank cut interest rates by a quarter percentage point on Friday in an unexpected move that dealers saw…

#bank#GDP#interest


SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…

#bank#banks#liquidity


Aval gets next US$1.8m tranche under EBRD credit line

Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and…

#bank#guarantees#management


Coface 2004 – factoring business increasing 13%

Consolidated turnover rose 4.3% to 1,130.8 million euros (1.2% at constant consolidation scope and exchange rates) The loss ratio registered…


Improved credit register to provide more data about SMEs

The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…

#bank#banks#i


General Capital Group plc unveiled in major re-branding exercise

A major re-branding of Grovefield Finance is unveiled with the creation of General Capital Group plc. Building on a history…

#acquisition#funding#investment

Citibank starts campaign targeting SMEs

Citibank is starting a campaign to attract SMEs, managing director Janos Horvath announced. The bank aims to boost both its…

#bank#guarantees#liquidity

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