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There will be a large decline in the number of UK businesses going bust this year, according to insolvency experts at accountancy firm BDO Stoy Hayward The group said the country's improved standing, brought on in part by the global...
#economic recovery#insolvency#interest rate
South Korea's small-and medium-enterprises (SMEs) saw their operating rate inch down in August from July following a prolonged business slump,…
Leading business finance experts, Eurofactor, have launched a new pan-European factoring facility which may “revolutionise” the way multinational operating groups…
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
Ministers have pledged to cut back on the red tape damaging government assistance to smaller businesses. The move came as…
#debt finance#guarantee#regulation
Jim Spowart, the bank start-up expert who brought Direct Line Financial Services, Standard Life Bank and Intelligent Finance (IF) to…
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 (IGF), part of the Greater London Enterprise (GLE) Group of Companies, has announced a pre-tax profit…
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, the Manchester-based cash flow solutions company, has announced a pre-tax profit of Ј514,645 for the financial…
The Export-Import Bank of the United States (Ex-Im Bank) today approved a direct loan of up to US$70.2m to support…
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
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