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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 million loan for the development of small- and medium-sized enterprise (SME) segment and small and medium infrastructure projects in Serbia-Montenegro....

#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


Credit insurance market under performing

Chile's first quarter credit insurance sales reached 928.5m pesos (US$1.4m), an 18.2% increase over the 785.6m pesos posted in the…

#insurance#management#receivables


Lloyds TSB Scotland asset-based lending team moves to expanded...

Lloyds TSB Scotland is expanding its new corporate offices in Glasgow just six months after moving in, leasing an additional…


Bank of England rates decision

The Bank of England raised the main interest rate by a quarter-point to 4.5 per cent today, in a move…

#bank#Bank of England#inflation

EBRD to invest $300m

The European Bank for Reconstruction and Development (EBRD) views Kazakhstan as a successful country and will invest about $300 million…

#bank#economy

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