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Over SKK1.7bn distributed to support SMEs

The Labor, Social Affairs and Family Center (UPSVR) distributed altogether SKK1.738 bn last year as a non refundable subsidy for small- and medium-sized enterprises (SMEs). This was part of the active labour policy. According to data from the report on...

#smes

Small businesses get major banking boost from EU Guarantee...

State bank Bank Gospodarstwa Krajowego (BGK) is launching the EU Guarantee Fund (FPU) which will eventually have a capital of…


Key interest rate lowered

The Bank of Korea unexpectedly cut the key interest rate by a quarter of a percentage point. It is the…


Company doubles its funding capability in deal with EUROFACTOR

The Giffen Group, a highly successful and versatile electrical contracting company operating largely in the railway industry, has more than…


FCI announces Factor of the Year 2004

Factors Chain International (FCI) announced the winners of its three coveted annual awards during the 36th FCI Annual General Meeting…

#awards#bank#commercial finance


Newcomers to move into factoring market

There are 16 factoring companies in the Mexican factoring market, the largest of them being Factor Banorte, Heller Financial and…

#banks#BBVA


NBU forecasts FDI to exceed $2bn in 2004

According to the Finance Ministry's calculations, payments to reimburse foreign state debt of Ukraine will be covered from new borrowings…

#bank#economy#international


PhilEXIM lending soars

Philippine Export-Import Credit Agency's (PhilEXIM) total loan releases grew more than three times during the first half at P159.08 million,…

#exporters#financial institution#guarantee


Trade regulations

The export-import policy (EXIM policy) governs the import of goods into and export of goods out of India. The EXIM…


Tour operator in administration cites credit factoring

Shares in the Italian tour operator Compagnia Italiana Turismo (CIT) plunged 10.36 per cent yesterday in Milan on the news…


Economic recovery slows

Japanese economic growth fell far short of expectations in the past quarter, new figures showed on Friday, casting doubt on…


Hong Kong banks’ prime rates decisions

Hong Kong banks chose to keep their prime rates or lending rates steady, resisting pressure set by the hike in…

First Business Financial Services, Inc. announces plans for future...

First Business Financial Services, Inc. has announced plans to file as a public company with the Securities and Exchange Commission…

#bank#commercial finance#financial services

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