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Bank eases export finance rates by 25bps

Syndicate Bank, the Indian finance group, has announced a series of ‘softer’ loan terms to exporters with good track records. Under the bank’s SyndExport Gold Card scheme, exporters that have demonstrated a track record of ‘satisfactory dealings’ will receive finance...

#bank#export finance#exporters

Tax breaks for corporates approved

The Thai government announced this week three tax amendments aimed at improving competitiveness within mid- to large-sized companies. The first…


World’s largest factor names new boss

CIT Group, the global leader in working capital finance with $50bn in assets under management, has appointed Rick Wolfert as…


Base rate cut by 50bps

The Monetary Council of the National Bank of Hungary Rt (MNB) has cut the central bank base rate by 50…

#bank#inflation#international


Risky Business – Protecting your company from fraud

Law firm Hammonds is to present a ‘Fraud in the workplace’ seminar on September 7 in London. The focus of…


Credit ‘blacklist’ to be scrapped

The Korean government is planning to end the blacklisting of credit delinquents by the end of the year, the Ministry…

#banks#economy#WHO


Bank to offer SMEs wider credit options

BRD - Groupe Societe Generale, the Romanian-French banking group, said it would grant small and medium-sized enterprises (SMEs) leu and…


SMEs upbeat on output, exports

The Finnish Confederation of Industry and Employers, TT, said its index measuring the business cycle outlook for small- and medium-sized…

#exports#smes


Factor sees fall in income for Q2 2004

Siam General Factoring Plc (SGF), the Thai factor, has reported a net profit of Bht 86.33m for second quarter 2004.…

#leasing


Factors lose out on Parmalat creditor list

Factoring companies that supplied working capital finance to subsidiaries of Parmalat will receive nothing in compensation, according to Enrico Bondi,…


Dutch grant for Mozambique SMEs through PSOM

According to the national news agency, AIM, Holland has pledged a grant of Ђ2 million to finance projects involving small-…

#emerging markets#funding#Jobs


Government to formulate programme and financing for SMEs

The International Trade and Industry Ministry (Miti) has identified new services areas to be promoted through its agencies. These areas…

#bank#exports#international

SME profitability hit by rising costs – CBI

The Bank of England's attempts to cool the economy is hampering the recovery of smaller manufacturers, according to a survey…

#bank#Bank of England#economy

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