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CIT added to the S&P 500 Index

CIT Group Inc., a leading provider of commercial and consumer finance solutions, reported that Standard & Poor's has now included the company in the S&P 500 Index We are honored to be selected by Standard and Poor's and proud to...

Central bank guidelines for consumer & SME financing

The Bangladesh Bank (BB) has issued prudential guidelines for consumer financing and small enterprise financing to protect the interest of…


RBI steps in to improve credit flow to SSIs

According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…

#bank#exports#SME financing


Amlin Credit appoints new underwriting director

Amlin Credit, the specialist trade credit insurer of Amlin plc, is delighted to announce the appointment of Damien Dawson as…


StanChart focuses on SME lending as Central Bank removes...

Since the 1970s, the government had imposed various regulations to give an edge to local lenders. But this is expected…


Overseas investment backed with favoured loans

Despite the central bank's recent hike in interest rates, Chinese companies will continue to enjoy low-interest loans when they invest…

#bank#Bank of China#exports


EXIM Thailand posts 39.32% on year fall in q3...

The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…

#3M#bank#interest


Euler Hermes 9-months revenue slips

Credit insurer Euler Hermes, a unit of Assurances Generales de France SA (12592.FR), said nine-month revenue slipped 0.7% following the…

#3M#insurance#international


Small business fund created

The state-run Small Business Corp. will establish a 20 billion won (US$17.9m) fund to help create jobs for small- and…

#Jobs#small business#smes


Late payments, defaults fall

In a further sign of the continued recovery of the economy, late payments and defaults by Hong Kong businesses have…


Grupo Security looks to boost factoring division

Chilean financial group Grupo Security's factoring division holds a 12% market share and pulls in about 26% of the group's…


Can CFOs control cash flow?

An article by Doug Roberts, Chief Executive Officer, Avolent. Cash is the lifeblood of every company. Cash flow, particularly incoming…

#cash-flow#invoice#management

Agio bank to develop factoring business

Over five years AGIO Bank (Kyev) plans to increase its share in the basic segments of the banking market of…

#bank#banks#international

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