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The official unveiling of Mexico's newest bank, Banco Ve por Mas, on 11 October was welcome news indeed for a country whose banking sector has experienced considerable consolidation in the last 10 years. As a niche bank, focused on small...
More than 10bn baht (US$242m) in government loans could be at risk following the purge of Prime Minister Khin Nyunt…
The Rural Bank Association of the Philippines has entered into an agreement with two government agencies and a Philippine-German group…
Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…
#bank#global trade#international
CIT Small Business was awarded Top Volume Lender status by the U.S. Small Business Administration (SBA) among lenders of SBA…
#CIT#economy#leadership
First M&F Corp. has reported that net income for the quarter ended September 30, 2004 was US$2.781 million, or US$.62…
The Export-Import Bank of India (Exim Bank) has acquired 30 per cent stake in the Development Bank of Zambia for…
A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and…
#bank#exporters#guarantees
The Small Industries Development Bank of India (SIDBI) has adopted new instruments and avenues for deploying credit to the small-…
Systems Evolution Inc.(SEVI), an information technology services company, announced today that it has closed a $1.5 million factoring facility with…
The Asian Development Bank (ADB) has agreed to provide about US$50 million to the Bangladeshi government-sponsored small- and medium-sized enterprise…
#ADB#Bangladesh bank#bank
Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…
#international#leasing#receivables
Finance minister Tibor Draskovics welcomed the Monetary Council's 50 basis point rate cut on Monday, citing it as a sign…