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Young leasing company reports 2004 portfolio growth

The leasing portfolio of one of the youngest leasing companies in Latvia, NORD/LB Lizings, has reached LVL 6.7 million (Ђ10.1m), in first five months of operation. The company is developing according to a planned scenario and so forecasts that the...

Banks urged to support SMEs by loosening loan controls

China’s commercial banks have been urged to accelerate loan support to private sector when tightening lending policies to cool down…

#bank#bank loan#interest rates


Factoring Slovenskej Sporitelne first half results

Factoring Slovenskej Sporitelne (Factoring SLSP) reported a turnover of Skk5,188 bn (Ђ129.8m) in H1 of 2004. Its share of total…

#interest


Bibby Factors Wessex appoints new sales manager

Bibby Factors Wessex, a specialist provider of business cash flow solutions has recently adding to its growing sales team with…

#bank#cash-flow#financial services


First and largest international microfinance bond issued

International microfinance, which provides small loans to micro-entrepreneurs to help them rise out of poverty, just got a huge boost.…

#bank#bonds#international


Central banker says monetary policy decision will be good...

A coming tightening in monetary policy, after years of lower interest rates to stimulate growth, is good news for Chile…


Key promotion at Bibby Factors Manchester

Bibby Factors Manchester, a specialist provider of business cash flow solutions, is pleased to announce today that it has promoted…


Government to offer its stake in Askrindo to strategic...

The government will offer its entire 45per cent stake in state credit insurance firm PT Asuransi Kredit Indonesia (Askrindo) to…


Fish merchant defrauded factor with fresh air invoices worth...

A Brighton fish merchant who tried to falsely claim more than Ј5.5 million from a finance company by inventing customers…


Credit insurer launches Beijing office

Coface, a world leader in credit insurance and also a credit management service provider, opened its Beijing office yesterday to…

#bank#management#payment terms


Africa Development Bank to support southern Africa's SMEs

The Africa Development Bank ( ADB) has agreed to support SMEs in the southern African sub-region with a US$50m line…

#ADB#bank#smes


Lack of credit confronts SMEs

Lack of credit facilities has been identified as a major constraint confronting small- and medium-scale enterprises (SMEs) in the country.…

Asian SME sector looks to four areas for growth

Four priority industries are being seen as potential champions for small- and medium-sized enterprises (SMEs) by the Darussalam-Indonesia-Malaysia-the Philippines East…

#guarantees#Jobs#smes

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