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'Gold Card' facility for exporters in Karnataka

Exporters in Karnataka with good track records can now expect minimum inspections and speedy clearances by the government for their proposals. The Kanara Chamber of Commerce and Industry said that the commissioner of Commercial Taxes has implemented the "Gold Card"...

Financial Services’ optimism improves at fastest rate for five...

Financial services companies' optimism increased between December and March by more than at any time for five years, as business…

#banks#Boost#cloud


Allianz Group to expand core business in China

Allianz Group, the largest German insurance service provider, will continue to expand its core business in China, according to Michael…

#Allianz#financial services#management


South Korean SME income expected to double this year

A new equity fund has been set up to tap into growing investor interest in small- and medium-sized South Korean…


Foreign factoring, financial leasing and venture capital firms’ equity...

Signalling a long-term stability in its foreign investment policy, India has offered to bind itself to allowing 100 per cent…

#banks#financial services#reinsurance


Banks braced for impact of bad SME loans

Local banks are bracing for more trouble - namely defaults by small-and medium-sized companies (SMEs) - after getting burned by…

#bank#bankruptcy#banks


BankBoston to target SMEs

BankBoston Brasil will increase its focus on small- and medium-sized enterprises (SMEs) this year by opening 25 new SME-targeted business…


The ECB dithers, leaves rates on hold

What, exactly, is the European Central Bank (ECB) waiting for before it pulls the trigger? Yesterday's failure by the ECB…


2003 record breaking year for start-ups

According to Barclays' quarterly Start-ups and Closures report, 465,000 new companies were set up in 2003, the highest level since…

#bank#training


Coface acquires 100% of ORT SAS and its subsidiaries

Coface, a Natexis Banques Populaires subsidiary, today announced the acquisition of 100% ownership of the ORT SAS Company and its…

#acquisition#management#receivables


HSBC reports record year for new business

HSBC Invoice Finance (UK) Limited has reported profits before-tax of Ј59.69m for the year ending 31 December 2003, an increase…

#bank#funding#invoice


Factor’s parent reports 2003 financial results

Raybor Management, Inc., a rapidly growing holding company, which includes factoring company Freedom Financial, announced financial results for the year…

Clough's Ј19m eludes receivers in Versailles case

Receivers for Versailles have recovered only Ј550,000 of the Ј19m fortune siphoned from the collapsed trade finance house by disgraced…

#3M#banks#trade

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