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Latvian loan market continues to grow

The volume of loans issued by Latvia’s commercial banks has grown by 20 per cent in the first half of 2004, with Hansabank increasing its credit portfolio the most. At the end of June, the total loans issued by banks...

SZRB reports H1 profit before taxes

The Slovak Guarantee and Development Bank (SZRB) made a profit before tax of SKK 276.09 million (Ђ6.93m) in the first…

#bank#bonds#guarantee


Developing countries need a business boost

Though SMEs may not be as prevalent in developing countries as they are in wealthy nations, a significant number of…


Alabama bank exits export lending business

According to sources familiar with the situation, Compass Bank is getting out of export lending. The bank's structured trade finance…

#bank#interest rates#international


Over 1,200 SMEs queue for listing on Shenzhen second...

Over 1,200 small Chinese firms are now queuing up for share offers on the Shenzhen second board for small- and…


Lithuanian factoring sales up by 30%

The Lithuanian Leasing Association has reported that the sales of factoring services went up by almost 30 per cent in…

#funding#leasing#trade


Insolvency statistics for Q2 2004

Quarterly figures for company and individual insolvencies were published today. The figures show company insolvencies have fallen when compared to…


Latvian factoring market expected to grow strongly

The leasing and factoring portfolio of members of the Latvian Lessors association reached LVL 356.6 million in the first half…

#interest#leasing#Nordea


KPMG report finds increase in level of fraud

The level of fraud is on the increase according to the latest research from accountant KPMG's fraud barometer. The figures,…

#MAN#Two


Euler Hermes increases turnover

Euler Hermes first half 2004 consolidated turnover came in at Ђ955.7 million, up 2% on published turnover of Ђ936.8 million…

#Allianz#guarantees#interest rates


Dynamic Commercial Finance plc board changes

The following statement was issued by the London Stock Exchange’s Regulatory News Service on Wednesday, 4 August 2004: “Following the…


Roseximbank renamed to DZI Bank

Bulgaria's Roseximbank has adopted the name “DZI Bank,” and will introduce the new corporate logo of the Bulgarian Financial Group…

Average interest rate of bank loans falls

The average interest rate of bank loans drawn down in June fell by 0.23 per centage points, compared to May,…

#bank#interest#interest rate

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