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AMF approves Natexis withdrawal bid for Coface

France's financial markets authority (AMF) has approved French bank Natexis Banques Populaires' public withdrawal offer for French credit insurance group Coface. Natexis will offer Ђ73.50 per share on 259,072 shares not in its possession, plus 53,100 shares from subscription options...

Small business finance 'strong', says BoE

According to the eleventh - and final - report on finance for small firms, "there was little evidence of smaller…

#bank#Bank of England#business finance


Bank of Korea warns of increased financial risks for...

The Central Bank of Korea (BOK) on Monday predicted there could be a series of bankruptcies of small companies and…

#bank#exports#international


Deloitte warns of increased threat of money laundering after...

Financial institutions should be on the lookout for a potential surge in the proceeds of crime passing when the EU…


Union condemns Lloyds TSB closure of Bournemouth asset finance...

The finance union UNIFI described the announcement of 270 job losses within Asset Finance, the finance house arm of Lloyds…

#banks#insurance#Jobs


Insolvency laws linked to demand for venture capital

Academics have established a link between changes to legal and tax conditions and demand for venture capital from entrepreneurs. John…


'Plans to slow down growth' leads to credit squeeze...

Signs that China is preparing to calm its breakneck economic growth are hitting stock markets across Asia. On Wednesday, Chinese…


SBA programme to support up to US$100 million in...

US small businesses seeking to sell their products and services in foreign markets will have access to expanded financing support…

#bank#conference#exporters


Venture capital investments total 117 million euros in Hungary

Some 40 venture capital funds invested a total of Ђ117 million in Hungary in 33 transactions last year, according to…


FDI in Kyrgyzstan rose by 27 per cent in...

Kyrgyzstan drew US$146 million in foreign direct investment (FDI) in 2003, an increase of 27 per cent against 2002, Kyrgyz…


Central Bank reduces key interest rates by 50 basis...

Slovakia's central bank NBS bank board reduced key interest rates by 50 basis points. The two–week repo-tender rate now stands…

#bank#inflation#interest


World Bank loan for SME development

The World Bank will extend a US$200 million loan to Small Industries Development Bank of India (Sidibi) by September to…

SMEs made up 90% of companies closed in 2003

Luis Antonio Mahbub Sarquis, president of the Chambers of Commerce Federation (Concanaco), said that 3,600 companies in Mexico were forced…

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