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Banks form equity funds to rescue SMEs

In an effort to rescue small- and medium-sized companies (SMEs) struggling with financial difficulties, banks are forming private equity funds to invest in these firms. For the banks, experts say this alleviates the risk of direct loans and allows them...

#bank#management#risk

EIU forecasts FDI to grow in 2004

The Czech Republic will receive foreign direct investment (FDI) worth $5 billion this year, according to the Economist Intelligence Unit…


Coface increases stake in political risk insurer

The shareholder structure of Unistrat Insurance has just changed. Coface, which already held a 50% interest, acquired SCOR's 50% share…


Credit Insurance – A Global or a Local Policy?

“For most companies in Europe, credit insurance is a well-known method to secure outstanding debts, whether for local sales or…


Bank denies inflating SME loan balances

The Nihon Keizai Shimbun reported earlier today, without citing sources, that the Financial Services Agency (FSA) is considering imposing some…


Cattles funded MBO turns division into family-run business

Cattles Invoice Finance has funded the management buy-out (MBO) of Wakefield-based Grosvenor Transformers from the Grosvenor Group. The deal will…

#cash-flow#invoice#management


Slovak Guarantee and Development Bank to focus on SME...

The Slovak Guarantee and Development Bank (SZRB) will focus on the provision of an indirect form of guarantees with an…

#bank#guarantee#guarantees


Companies must make rapid structural changes to survive

Economists fear the world's sixth-largest economy, recently surpassed by China, appears hobbled by structural weaknesses that could make de-industrialisation more…


Why lend to small and medium enterprises?

Dr. Ishrat Husain, governor of the State Bank of Pakistan, shows why commercial banks should be lending to the small-…


Close Invoice Finance and Metropolitan Factors results announced

Close Invoice Finance Limited have released their financial results for the twelve months to 31 July 2003 showing a pre-tax…


Receivables finance industry volume up 15% in Q1 2004

The Factors and Discounters Association of the UK and Ireland (FDA) has published industry figures today showing a 15.03% increase…


Shenzhen Exchange Launches SME Board

A grand inauguration ceremony to launch Shenzhen Stock Exchange’s small- and medium-sized enterprise (SME) board was held yesterday. Zhejiang NHU,…

#risk#smes#trade

National Bank of Slovakia report on Q1 lending rates

The average interest rate on bank loans drawn in Slovakia decreased by 0.04 percentage points to 7.51 per cent from…

#bank#interest#interest rate

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