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Small firms take upbeat view of economic outlook

The Small Firms Association (SFA) described the economic outlook for the remainder of the year as positive yesterday, but it warned the Government to restrain public spending. In its autumn economic statement the group warns that December's Budget would be...

#economic outlook#economy#inflation

Taageer Finance announces 85% jump in net profit in...

Oman's youngest finance company, Taageer Finance Company (SAOC), has posted an over 85 per cent jump in net profit for…

#bank#investment#leasing


CzechInvest attracts 60 new projects in first half

Czech Invest, the government agency founded to support direct investment in the Czech Republic, attracted 60 new projects worth a…

#investment#investments


BPPG responds to late payment research issued by Experian

The Better Payment Practice Group (BPPG) holds the view that action is required by all sectors of the business community…

#interest#late payment#management


Demand for finance credit rises

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…

#bank#leasing


Smaller companies confidence downbeat

Small- and medium-sized enterprises (SMEs) predicted poorer business conditions in August, according to a survey on the business outlook of…


Central Bank revokes bank’s licenses

The Central Bank has revoked the licenses of Promeximbank, the Commercial Savings Bank (KBC bank), and Moszhilstroibank, CB officials confirmed.…


Enterprise bid goes unconditional

Enterprise London declared its 107p a share hostile offer for Dynamic Commercial Finance unconditional after winning acceptances and buying more…


Basel II and Technology – Minimising Operational Risk

“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


Legislation fails to curb late payment problems

The amount of time companies take to settle bills has risen to its highest level since 1998, when legislation was…

#insolvency#late payment#management


Sanpaolo IMI expands business loan scheme

Italian banking group Sanpaolo IMI is expanding its services to businesses with the recent introduction of a Ђ250m programme to…

#banks#smes


Pakistan and Grenada on road to economic recovery –...

Euler Hermes UK, part of the largest credit insurance group in the world, has revised its position on both Pakistan…

Venture capital in India – issues in regulation

“The venture capital industry in India has been undergoing a downward trend for the past two years. In the current…

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