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HVB announces plans to enter the factoring market and...

Matthias Kunsch, managing director of HVB Bank Hungary announced that, contrary to earlier plans, HVB did not set up a separate company to facilitate early entry to the factoring market, but concluded a deal to buy the shares of Korona...

EBRD to invest up to US$1.5bn in Russian SMEs

The European Bank for Reconstruction and Development (EBRD) is ready to invest up to US$1.5bn in Russian small- and medium-sized…


Insurance against credit risks

As lending develops, banks become increasingly interested in insurance against credit risks. Thanks to insurance, banks can secure additional guarantees…


Chamber speaks out on credit facilities for SSIs

The Tamil Nadu Chamber of Commerce and Industry, while appreciating the Reserve Bank of India's (RBI) firm decision against a…


New joint venture to offer unsecured loans

Chuo Mitsui Trust and Banking Co. and Nissin Co. agreed to form a joint venture focusing on loans for smaller…


Serfin opens US$87m SME credit line under new alliance

Mexico's thir- largest bank Santander Serfin has set aside 1bn pesos (US$86.8m) for loans to small- and medium-sized enterprises (SMEs)…


KUKE improves results, as more firms are eager to...

KUKE, the Polish export credit insurance agency, has collected contributions worth nearly ZL64m over the first three quarters of the…


Centurion Bank to securitise loans to SMEs

Centurion Bank would look for securitisation of some of its lending portfolios to small- and medium- sized industries, including commercial…


Foreign investment to break US$5bn in 2004

Since the beginning of the year up to the end of September, 164 foreign entities announced, or actually carried out…

#crisis#investment#investments


Accord posts higher third quarter and nine months’ earnings...

Accord Financial Corp. (TSX – ACD), a leading North American provider of asset-based financial services to businesses, including factoring, financing,…


EXIM Bank Bonds rating assigned on government support and...

Standard & Poor’s (S&P) on Wednesday assigned an ``A-‘’ senior unsecured foreign currency debt rating to the Export-Import Bank of…

#bank#bonds#Exim Bank


Reserve Bank proposes prudential norms for FIs bad loans

The Reserve Bank of India (RBI) has proposed new norms for bad loans of financial institutions saying that their assets…

#bank#Exim Bank#financial institutions

Invoices get executive title

Rates are bound to fall as invoices get executive title. On 19 October, Congress approved a law that grants invoices…

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