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Finance minister welcomes interest rate decision

Finance minister Tibor Draskovics welcomed the Monetary Council's 50 basis point rate cut on Monday, citing it as a sign that Hungary's economy is improving. "The central bank, in agreement with the government and markets, believes that the economy is...

China boosts export credit insurance for agricultural products

According to statistics, insurance premiums on the export of agricultural products increased by more than 70 per cent in the…


Wells Fargo reports Q3 double-digit net income growth

Wells Fargo & Company reported diluted earnings per common share of US$1.02 for third quarter 2004, compared with US$0.92 in…

#interest#leasing#small business


Export insurance and credit

The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit.…

#bank#exporters#guarantees


Bridge Capital Holdings appoints new director

Bridge Capital Holdings, whose sole subsidiary is Bridge Bank, N.A., Silicon Valley's newest business bank, has announced that Silicon Valley…

#bank#cash management#management


FDA holds first Scottish Staff Forum

The first FDA Staff Forum to be held in Scotland had as guest speaker Tom Farmer CBE KCSG - founder…

#forum#MAN#Trust


Ex-financier hit with record jail term

Trond G Kristoffersen, co-founder and former chief executive of scandal-ridden Finance Credit, was sentenced to nine years in prison on…

#bank#banks


Industrial Bank of Korea vows to keep lending to...

The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized…

#bank#banks#economy


Coface country risk trends – October 2004

The world country risk index continued to improve during the past three months (down 4%) and at an accelerated pace.…

#interest rates#payment behaviour#risk


Minister sets out UK approach to EU action on...

Industry Minister Jacqui Smith today set out the UK vision for the development of the EU's company law and corporate…

#conference#forum#i


Banco Security looks to loans growth and development of...

Chile's Banco Security is expecting a 10% annual growth in loan placements, boosted by a capital increase from its parent…


SME survey shows what managers think about current conditions...

In a survey of 1,761 small- and medium-size enterprises (SMEs) nationwide by the Industrial Bank of Korea, 41.9 per cent…

#bank#cash-flow#financial services

Local Arlington bank and factor names two new directors

Southwest Securities Bank, a member of SWS Group, Inc., has named two new directors: Gerald B. Alley and Donald W.…

#bank#banking services#i

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