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Nikoil Financial Corporation president Nikolai Tsvetkov said IBG Nikoil turnover on factoring operations topped $380 million last year. He added that the company has set up a special company, National Factoring Company Uralsib-Nikoil, due to the growth prospects in this...
The Bank of England raised its main interest rate today to 4.25 per cent, in line with market expectations. Independent…
#bank#Bank of England#IMF
EUROFACTOR UK has posted pre-tax profits of Ј1.3 million for 2003 in spite of some of the toughest trading conditions…
The global shift in traditional trade finance methods to a global financial supply chain (FSC) based on open source account…
#bank#international#International Trade
A small Yorkshire-based company has won a multi-million dollar contract to supply and commission a soya bean processing plant in…
The US Federal Reserve yesterday signalled a shift in its stance on monetary policy, leaving interest rates unchanged while saying…
#bank#Bank of England#inflation
The government has announced the appointment of Kim Song-woong as head of the Korea Export Insurance Corporation (KEIC). Kim, incumbent…
#export credit insurance#exports#guarantees
Assurances Generales de France credit assurance unit Euler Hermes said sales in the first quarter fell to Ђ466.7m from Ђ469.5m…
Consolidation among Russia's biggest banking institutions is starting to take place as bankers realise that organic expansion will not provide…
#acquisition#bank#banks
In June 2003, Fortis Lease Group announced its intention to have a branch of its own in every country in…
On 1 May, the European Union ushered in 10 new countries, increasing the number of member states to 25. The…
President Sam Nujoma has urged financial institutions to stop hiding behind outdated policies and facilitate small and medium enterprises' access…
#bank#funding#small businesses
Now that Poland is part of the European Union, small businesses are worried they could be crowded out by large…