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BBL expects total credit to SMEs in 2005 to...

Bangkok Bank Plc (BBL) said its total credit next year is expected to grow by 5-6 per cent from this year, which is similar to this year’s figure, though the Thai economy next year is expected to slow down. “The...

Siemens Financial Services aggressively expands commercial finance and asset-based...

Siemens Financial Services, Inc. (SFS), the US financial services arm of Siemens AG, today announced the further expansion of its…

#business finance#commercial finance#financial services


CIT wants to establish leasing and factoring business in...

Jeffrey Peek, chief executive and president of commercial lending giant CIT Group, is determined to expand into the United Kingdom…


Nacion to obtain US$30m credit from Korean Eximbank

Federal Argentine bank Banco Nacion will obtain a US$30m credit line from Korea's Eximbank to finance imports of Korean manufactured…


Financial intelligence unit to be set up to track...

India finally has a financial intelligence unit (FIU) for tracking money laundering offences. The Cabinet today gave its nod to…

#anti-money laundering#international#Two


EIB delivers Ђ470m boost to SMEs in Italy and...

The European Investment Bank (EIB) has granted several loans, totalling Ђ470m, to support the development of innovative small-and medium-sized enterprises…

#bank#Boost#investment


US$7.5bn subsidiary for exporters

State Minister Kursad Tuzmen announced that exporters will be subsidized in 2005 with a US$7.5bn fund from Eximbank. Tuzmen pointed…


Khula disbursements to SMEs totals R280m

Khula Enterprise Finance reported a 40 per cent increase in the value of disbursements to small- and medium-sized enterprises (SMEs)…


IFC to advise Export Development Bank of Egypt on...

The International Finance Corporation, the private sector arm of the World Bank signed an advisory services mandate to assist the…


Atradius announces head of sales appointment

Ian Bocca has been appointed as Head of Sales for Atradius, a UK leading credit insurer and credit management provider.…

#Atradius#i#insurance


Ultimate Finance Group – directorate change

Ultimate Finance Group PLC 12 November 2004 Ultimate Finance Group plc 12 November 2004 directorate change and result of Annual…

#invoice#management#recourse factoring


RBI panel proposes two-tier system for debt restructuring of...

A Reserve Bank of India (RBI) panel constituted to evolve a debt restructuring system for small-and medium-sized enterprises (SMEs), has…

IFC to extend US$22m loan to Kotak Bank for...

The International Finance Corporation has agreed to extend a loan of US$22m (around Rs 101 crore) to Kotak Mahindra Bank…

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