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Hong Leong Assurance Bhd (HLA) expects its new export trade credit insurance policy to bring in some RM3m premium by the end of its 2005 financial year. Chief executive officer Tan Beng Mah said the new policy provides policyholders with...
#bank#exporters#international
Tower Automotive announced it has obtained a US$50m accounts receivable securitization facility through GE Commercial Finance. The facility, which closed…
Eurofaktor, Poland's biggest non-banking factoring company, had a successful debut on the Warsaw stock exchange yesterday. Right from the start,…
#3M#poland
The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate…
#bank#interest rates#management
The Irish Stock Exchange is set later to unveil a new market designed to attract small to medium-sized companies later…
The EU Programme for Promotion of Entrepreneurship (PfE) will enable thousands of Poles to set up their own businesses. They…
#poland#smes
By the end of January 2005 "business angels" - wealthy people who typically invest between Ј10,000 and Ј250,000 in unquoted…
#compliance#financial services#risks
Peruvian agriculture development bank Agrobanco aims to place some 80m nuevo soles (US$24.5m) in direct loans in 2005, local press…
#bank#smes
Loans to small- and medium-sized companies (SMEs) posted a record decline last month, as lenders were reluctant to extend loans…
#bank#SME loans#smes
Bulgarian commercial bank Unionbank said it had signed a Ђ5.0m (US$6.6m) credit line agreement with the Black Sea Trade &…
GE Commercial Finance Technology Lending, a unit of Global Media & Communications, announced that it has named Ryan Franco as…
#commercial finance#ING#management
French business sentiment improved markedly in December, according to a survey of around 450 small- and medium-sized companies by BNP…
The cabinet will today consider a multi-billion baht financial assistance package to help people and businesses affected by the 26…
#bank#guarantee#smes