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Three banks launched a credit register

Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans and making more funds available to reliable clients. Slovenska Sporitelna, VUB and Tatra Banka are also in talks with other...

#banks

IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…

#banks#international#Vice president


SMEDAN seeks UNDP support for SMEs

Small and Medium Enterprises Development Agency (SMEDAN), has reached agreement with the United Nations Development Programme (UNDP), in Nigeria for…

#bank#smes


Credit insurance – the industry discusses how to tap...

So far, credit insurance has primarily been the domain of specialist brokers that have a good understanding of the products.…

#insurance


Abbey sets sights on the SMEs market

Abbey National plans a sustained attack on the market for banking services for small- and medium-sized enterprises after the completion…

#bank#management#small business


Bulgaria FDI soars to EUR 1.34 B

Foreign direct investments in Bulgaria for the first seven months soared to Ђ1.34bn, up from Ђ795.6m year-on-year, the Bulgarian National…


Kyrgyz Ineximbank receives syndicated credit to finance trade

Kyrgyzstan's Ineximbank signed a credit agreement for a syndicated credit of US$5m during the fifth conference of CIS and Baltic…

#bank#banks#conference


Five banks pledge contribution for HCM City's credit guarantee...

Five local commercial banks have committed to contribute part of the required capital for the establishment of Ho Chi Minh…

#bank#BIDV#guarantee


Exporters can arm themselves against bad debts

Credit insurer Coface UK's latest product launch includes the provision for exporters to shield themselves against bad debts. The financing…

#bad debts#exporters#receivables


New factoring company with ambitious plans enters Polish market

GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…

#commercial finance#insolvency#management


Small-and medium-sized enterprises bank to be established

Mr Alan Kyeremanten, minister of trade, industry and president's special initiatives (PSI), on wednesday announced that plans were afoot to…


Singapore small- and medium-sized enterprises credit bureau to be...

Small- and medium-sized companies (SMEs) in Singapore may soon have easier access to financing. A new SME credit bureau will…

#banks#channel#risk

BOE holds rates at 4.75%

UK interest rates have been kept on hold at 4.75% following the latest meeting of the Bank of England's rate-setting…

#bank#Bank of England#interest rates

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