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Banks can gain from helping to turn around SMEs

The Bumiputra Manufacturers and Services Industry Association of Malaysia (PPIPBM) said banks stand to gain more from helping small- and medium-sized enterprise (SME) debtors turn around their businesses than from punishing them. PPIPBM president Datuk Raja Nong Chik Raja Zainal...

#banks#innovation#smes

Interest rate “lowest ever”

Acting governor of the Bank of Israel Meir Sokoler cut the interest rate by 0.2 percentage points yesterday, leaving the…

#bank#interest#interest rate


PCI Leasing to raise capital

PCI Leasing & Finance Inc. says it will increase its authorised capital stock to P3.42 billion from P1.82 billion. The…


Coface looks to change face of risk insurance market

Awareness of corporate credit insurance is expected to change Hungarian businesses' debt-paying morals and even boost the economy, according to…


Small firms say government red tape is worse than...

Keeping up to date with the latest government legislation is the biggest challenge facing Britain’s small business community in 2005,…


BRI targets 25% increase in lending to SMEs

Bank Rakyat Indonesia (BRI) is hoping to extend Rp 15 trillion (US$1.64bn) in new loans this year, a 25 per…

#bank#channel#crisis


Innovation funding assistance for SMEs

Parliament has passed a new law creating a so-called National Capital Fund (KFK) that is to promote commercial innovation. The…

#financial services#funding#innovation


Demand for key account and single buyer business credit...

Demand for key account and single buyer business credit insurance coverage is on the rise according to industry experts. This…


Deal Syndication opens up New Markets for Factors in...

The factoring industry in the UK has matured significantly in recent years. But for the UK factors, who already purchase…

#bank#commercial finance#conference


More credit likely for small firms

The Government of India is likely to increase credit flow to the small- and medium-sized enterprises (SMEs). The Government of…


Ultimate Finance Group – half year trading update

The board of Ultimate Finance Group plc (Ultimate) is today issuing a trading update ahead of its interim results for…

#bank#funding#invoice


Exports under deferred payment deals to get advance licence...

Exports made under deferred payment or suppliers' line of credit contract are now entitled to benefits under the advance licence…

#bank#Exim Bank#exports

BNP Paribas Factor obtains ISO 9001 certification

BNP Paribas Factor, a subsidiary of BNP Paribas Group, has just been granted the ISO 9001 version 2000 certificate. The…

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