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Company insolvencies the lowest ever rate while personal insolvencies...

During the third quarter of 2004, soaring levels of personal insolvency in England and Wales have increased by 6.2% on the previous quarter and by 31.1% on the same period a year ago reaching their highest ever level at 11,967,...

#bankruptcy#banks#insolvencies

Nearly 14 per cent growth in Lithuania's factoring market

The aggregate factoring portfolio of Lithuanian banks and leasing firms at the end of September was LTL 590.3 m, up…


India and Germany look at SME synergies

With Indian companies queuing up to set up base in Europe, several government agencies are doing their bit to attract…

#conference#forum#innovation


Small Business calls for long-term tax reductions

Today Catherine Swift, president of the Canadian Federation of Independent Business (CFIB) along with Garth Whyte, executive vice-president presented to…

#insurance#Jobs#small business


Aegon sells TFC maritime container ops to TAL for...

Aegon NV said it sold Transamerica Finance Corp's (TFC) maritime container leasing activities to TAL International Group Inc for US$1.2bn.…

#international#leasing


India's EXIM bank picks up stake in west African...

Export and Import Bank of India (EXIM Bank) has picked up less than 1 per cent stake in West African…


Government to write off bad loans owed by SMEs

The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed…

#banks#crisis#regulation


Bancomer to issue US$526m in small business loans through...

Mexico's largest financial group BBVA Bancomer at a Wednesday press conference unveiled a program to issue 6bn pesos (US$526m) in…


Credit rating for small firms units likely to be...

To boost credit flow to the small-scale sector, the government is likely to introduce a credit rating scheme for small-scale…


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…


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…

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