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The Small Industries Development Bank of India (SIDBI) has decided to set up a ‘Growth Fund’ to provide risk capital/ equity support to eligible small- and medium-sized enterprises (SMEs). SIDBI is also planning to assist units in the SME sector...
#bank#financial institution#risk
The National Bank of Hungary (MNB) unexpectedly cut its benchmark interest rate a quarter percentage point. The Monetary Council lowered…
#bank#GDP#inflation
Austria's Oberbank will be the first bank to enter the Czech market after the country joins the European Union. The…
#bank#First Bank#smes
The inflow of foreign direct investment (FDI) in Bulgaria for January 2004 totalled US$ 39.5 million (0.2 per cent of…
#GDP#investment
Strengthened procedures to minimise the risk of bribery and corruption on business deals supported by the Export Credits Guarantee Department…
The government said it may dump the proposed currency swap deal with the Asian Development Bank if the multilateral agency…
The ‘Eternal City’ of Rome was the setting for Europe’s premier meeting of 120 top factoring and asset-based finance industry…
Thousands of small businesses could be entitled to free IT training following the expansion of a government-sponsored skills initiative announced…
Dynamic Commercial Finance plc (DCF) have released preliminary results for the year to 31 December 2003, reporting a first full…
FiberMark Inc, a leading producer of specialty fibre-based materials, announced yesterday that it has filed voluntary petitions to reorganize under…
#bankruptcy#commercial finance#economy
New credit scoring techniques have paved the way for unsecured lending in the small- and medium-sized business (SME) sector, which…
A US$38.7 million Export-Import Bank of the United States (Ex-Im Bank) loan guarantee will enable Romania to buy equipment, technology…
The Export Credit Guarantee Corporation of India (ECGC) and National Insurance Company Ltd have decided to unite to provide marine…