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Ultimate Finance to raise Ј495,000 via share placing

Ultimate Finance Group PLC, which provides cash flow funding for small to medium-sized businesses, said it will raise around Ј495,000 through a placing of 3,473,646 new shares at 15 pence each. The funds will be used for the development of...

SME sentiment indicator remains stable

French business sentiment remained stable in March compared with a month earlier, according to a survey of around 450 small-…

#investment#smes


KSFC loans touch Rs 301 crore; plans to focus...

The Karnataka State Financial Corporation (KSFC) assisted 1,300 new enterprises from various sectors during 2003-04, according to the managing director…


No improvement in plc payment performance

The payment performance of over 2,700 plcs, including some of the UK's largest household names, has been published by the…


Atradius opens branch in the Czech Republic

Atardius started operating officially in the Czech Republic yesterday. “We see enormous growth potential on the Czech market as the…

#Atradius#bank#Deutsche Bank


UK corporate profitability achieves best results since 2000 –...

UK Corporate profitability during 2003 has returned to levels last seen at the tail end of the dotcom boom in…

#exports#interest#interest rates


National Bank cuts interest rate

The National Bank of Hungary (MNB) cut its benchmark interest rate to 12 per cent, down from 12.25 per cent,…

#bank#European Commission#GDP


Parex Bankas forecasts falling profits; will focus on SMEs...

Latvian-controlled Parex Bankas projects a LTL 4.9 million (Ђ1.4m) profit this year, a 19 per cent drop from LTL 6…

#bank#smes


MFI-bank loan syndication needed for SME growth

Lack of access to credit is the main problem facing SMEs that provide over 87 per cent of total industrial…


National Bank of Canada lowers prime rate

The National Bank of Canada has lowered its prime rate from 4.00 % to 3.75 %, effective today. National Bank…

#bank#financial services#smes


DCD Factors report turnover up 7% in 2003

DCD Factors plc, the London-based factor and invoice discounter, has released results for the twelve months to 31 December 2003…

#bank#invoice


Atradius launches new credit insurance policies

With the number of UK small business insolvencies still rising* and an estimated 10,000 UK businesses failing because of bad…

Raiffeisen Bank deal for SMEs

Raiffeisen Bank and the European Investment Fund (EIF) have signed a Ђ40m accord to guarantee loans for Romanian small- and…

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