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BFIA forecasts FDI to grow in 2004

The Bulgarian Foreign Investment Agency (BFIA) has forecast that foreign direct investments (FDI) volume will rise from US$1,600m to more than US$2,000m in 2004 with a possibility for a further increase, if the ongoing trend is preserved. Investments totalled 5.8...

#GDP#investment#investments

EIB lends EUR 30 million to finance SME projects

The European Investment Bank will lend Ђ30 million to Vereinsbank Riga to finance SME infrastructure projects. According to Thomas Schuetze,…


Alliance Bank expects rise in volume of SME loans

Alliance Bank Malaysia Bhd expects an 8% rise in loans to small- and medium-sized enterprises (SMEs) this year from the…

#bank#SME loans#smes


Russian central bank decision on refinance rate

The Russian Central Bank is reducing its refinance rate from 14 per cent to 13 per cent from 15 June.…


Joint loan of EUR 45m for SMEs agreed

The European Investment Bank (EIB) and Serbia-Montenegro signed an agreement at the National Bank of Serbia (NBS) for a Ђ45…

#bank#international#investment


DBP pioneering factoring programme get SBL exemption

Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura announced that the policy-making Monetary Board has approved a request from state-owned…


Polish banks eye SME market

The attention of Poland's banking sector has started to shift to small- and medium-sized firms (SMEs). Consisting of 1.8million active…

#bank#bank loan#bankruptcy


Atradius warns of looming construction sector risks

Cut-price tenders to win construction contracts could end up with companies incurring huge losses, according to latest risk analysis by…


Finance ministry decree on application of VAT to factoring...

By Andrew Miles of Pricewaterhouse Coopers, Frankfurt The ministry of finance has issued a decree to the effect that factoring…

#debt collection#risk#security


Factors merger project starts

In the scope of the rationalisation programme of the factoring activities of the UniCredit group, UniCredit Factoring has purchased the…

#risk#Unicredit#Unicredit Factoring


Regency Factors report on their 2003 performance

Bury-based Regency Factors plc has reported pre-tax profits of Ј223,382 for the year ended 31 January 2004, an increase of…


RHB to boost lending to SMEs

RHB Bank Bhd, Malaysia’s third-largest bank, is planning to increase its small- and medium-sized enterprise (SME) loan portfolio to 40…

#bank#credit risk#management

Hanza Lizings offers financing supplies

Financing supplies is a short term (up to 180 days) financing instrument for current assets, applied on supplies of goods…

#interest#interest rate#Nordea

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