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Anxiety over credit problems in small- and medium-sized companies (SMEs) is increasing, as 67 per cent of loans to those companies expire this year. SMEs’ total bank debt amounts to 263 trillion won (US$227 billion), of which 67 per cent...
#bank#banks#economy
US-based venture capital firm Small Enterprise Assistance Funds (SEAF) will make its debut in the Indian market with its SEAF…
There has been a marked improvement in business confidence among small firms, according to the latest quarterly survey by the…
Wanted. Male, 36-45, finance experience, senior executive level. That, according to analysis by forensic accountants at KPMG, is not so…
#frauds#Goldman Sachs#Two
Banks and other financial institutions could face a potential surge in money laundering when the European Union expands at the…
#anti-money laundering#bank#banks
According to a report published today by the business advice group BDO Stoy Hayward, the number of bankruptcies is set…
#bankruptcy#British business#economy
Over half of Irish exporters had customers who did not pay them over the last year, according to a survey…
#bad debts#cash-flow#exporters
David Robertson, managing director of Bibby Financial Services and the next FDA Chariman (from June 2004), highlighted the work that…
State-owned Hungarian Development Bank (MFB) recorded a net income of HUF6.14 bn (US$27.4 m) in 2003, according to the company's…
#bank#funding#interest rate
The stabilisation of the economy and decreasing interest rates in 2000 and 2001 led to growth in the factoring industry,…
#bank#banks#factoring industry
In South Korea, factoring arrangements are essentially corporate credit facilities based on trade bills, accounts receivable and consumer credits. International…
#bank#exporters#international
The Bangladesh Bank has initiated a programme involving 1 billion taka (US$17.2 million) to promote small- and medium-sized enterprises (SMEs),…
#Bangladesh bank#bank#small businesses
CBI chief Digby Jones has accused the government of undermining support for British exporters and exacerbating the number of manufacturing…
#exporters#exports#international