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Multifinance loans shot up by 34 per cent year-on-year to Rp42.94 trillion (US$4.77bn) by the end of the first quarter of this year, according to Bank Indonesia. Data at the central bank revealed the loans included Rp3 trillion in factoring...
#bank#leasing
Small- and medium-sized enterprises (SMEs) predicted poorer business conditions in August, according to a survey on the business outlook of…
The Central Bank has revoked the licenses of Promeximbank, the Commercial Savings Bank (KBC bank), and Moszhilstroibank, CB officials confirmed.…
Enterprise London declared its 107p a share hostile offer for Dynamic Commercial Finance unconditional after winning acceptances and buying more…
“One of the biggest challenges facing most European financial institutions is to ensure the implementation of fully Basel II compliant…
#financial institutions#financial services#international
The amount of time companies take to settle bills has risen to its highest level since 1998, when legislation was…
#insolvency#late payment#management
Italian banking group Sanpaolo IMI is expanding its services to businesses with the recent introduction of a Ђ250m programme to…
#banks#smes
Euler Hermes UK, part of the largest credit insurance group in the world, has revised its position on both Pakistan…
“The venture capital industry in India has been undergoing a downward trend for the past two years. In the current…
The world leader in credit insurance, Euler Hermes, is now the main shareholder of ACMAR, the leading credit insurance company…
Guangdong Province is accelerating the construction of a credit guarantee system to help privately-run small-and medium-sized enterprises (SMEs) expand their…
Discussions are taking place as a consequence of the take over of Credit Lyonnais by Credit Agricole, which has led…
#Allianz#Credit Agricole#guarantees
Receiver Tom Kavanagh is expected to apply to the High Court this week for permission to seek orders against the…