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EFG Eurobank Ergasias on Monday announced a series of management changes as part of a strategic plan to expand activities abroad and to further grow its corporate and private customer base. The bank said that Christos Komiopoulos was appointed managemet...
The Monetary Council of the National Bank of Hungary (MNB) cut its benchmark interest rate from 9.5% to 9%. The…
#bank#interest#interest rate
A recent study by the Korea Federation of Small and Medium Businesses showed that 58.3 per cent of 310 small-…
State-run Export-Import Bank of Korea said Monday it will provide 500 billion won (US$488m) this year to local exporters by…
#bank#credit risk#exporters
Malaysia will set up a development bank to assist small- and medium-sized enterprises (SMEs) in 2005, Prime Minister Abdullah Ahmad…
Coface buys 100% of CUAL, a leading South African Underwriting Agency, and opens a local subsidiary to support its first…
#exports#guarantees#international
AXA Affin Assurance Bhd has expanded its insurance products with the launch of trade credit insurance on 31 January, which…
The shareholders of the Myslowice-based factoring company Eurofaktor have entered negotiations with financial investors interested in the acquisition of a…
#acquisition#financial institution#investment
Cattles Invoice Finance has funded start-up company Blue Cube in Knowsley, creating sixteen jobs in the area. Blue Cube provides…
Czech National Bank (CNB) has surprisingly cut interest rates by 0.25 percentage points. Main repo rate is dropped to 2.25…
#bank#inflation#interest
CitiCapital has announced the formation of a new business group, Citi Commercial Asset Based Finance. The new unit will provide…
Atradius Trade Credit Insurance today announced its commitment to ongoing support for companies selling to buyers in tsunami-devastated areas. "As…
The government's efforts to support small- and medium-sized enterprises (SMEs) nationwide was bolstered with the launching in Malacanang, the presidential…