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Capacity utilization of S.Korea's SMEs dips in August

South Korea's small-and medium-enterprises (SMEs) saw their operating rate inch down in August from July following a prolonged business slump, a report said Monday. Small and midsize manufacturers operated at 67.8 per cent of capacity in August, down 0.1 per...

Eurofactor initiative set to “revolutionise” trading across Europe

Leading business finance experts, Eurofactor, have launched a new pan-European factoring facility which may “revolutionise” the way multinational operating groups…


Banks expected to post record yearly net profit

South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…

#bad debts#bank#banks


Government red tape pledge on business aid

Ministers have pledged to cut back on the red tape damaging government assistance to smaller businesses. The move came as…

#debt finance#guarantee#regulation


Spowart plans bank for SMEs

Jim Spowart, the bank start-up expert who brought Direct Line Financial Services, Standard Life Bank and Intelligent Finance (IF) to…


Small firm loans due for overhaul-Richard Tyler

A review of the government-backed small firms loan guarantee scheme has found it "expensive" and "bureaucratic" and recommends a bonfire…


IGF Invoice Finance Ltd pre-tax profit soars

IGF Invoice Finance Ltd (IGF), part of the Greater London Enterprise (GLE) Group of Companies, has announced a pre-tax profit…


Challenge Finance reports 2003 loss

Challenge Finance Ltd, the Sevenoaks-based invoice discounter, has reported a loss before tax of Ј568,599, compared to a loss of…


City Invoice Finance Ltd celebrates 5 years in business...

City Invoice Finance Ltd, the Manchester-based cash flow solutions company, has announced a pre-tax profit of Ј514,645 for the financial…


Ex-Im Bank US$70m loan supports sale of US equipment...

The Export-Import Bank of the United States (Ex-Im Bank) today approved a direct loan of up to US$70.2m to support…


Ex-Im Bank backs US exports to Mexico's PEMEX for...

The Export-Import Bank of the United States (Ex-Im Bank) today approved a US$400 m long-term loan guarantee to support the…

#bank#emerging markets#exporters


Nafin back in black with US$10m profit in first...

Mexico's largest development bank Nacional Financiero (Nafin) reported first half net income of 113m pesos (US$9.9m), compared to losses of…

#bank#banks#business finance

Commercial Financing and Management Firm teams up with US...

Ardaini & Associates has agreed to join the US Global Marketing Advisory Board, providing management consulting and commercial financing services.…

#bank#international#management

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