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Chile's Banco del Desarrollo announced that it has purchased a 70% stake in factoring company Bandesarrollo Factoring for an undisclosed sum. The purchase transforms Bandesarrollo Factoring into a subsidiary of the Chilean bank. Desarrollo's venture into the local factoring market...
The European Investment Bank (EIB), the European Union’s long-term financing arm, provided a total of Ђ1.2 billion for projects in…
A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…
#bank#smes#Two
The CBI criticised EU proposals to impose statutory obligations for independent audit committees, saying that corporate governance should be "driven…
Greece will play a key role in the European Investment Bank’s (EIB) activity in the Balkans and the Mediterranean, according…
Thessaloniki-based Black Sea Trade & Development Bank (BSTDB), an international organisation, has granted a three year US$3 million loan to…
#bank#international#smes
A slew of changes to the law on value-added tax are being passed by Parliament. Among these are: An easing…
#cash-flow#exporters#regulation
The Investment Development Authority of Lebanon (IDAL) has said that in 2002 Lebanon recorded a dramatic increase in Arab Foreign…
#conference#guarantee#investment
Growing numbers of small- and medium-sized companies (SMEs) are experiencing a liquidity squeeze as a consequence of rising costs in…
#bank#cash-flow#digital
Almost three quarters of the 1,476 businesses surveyed on the Better Payment Practice Group’s (BPPG) website admitted that they are…
#interest#late payment#management
Argentine banks reach only 23% of small- and medium-sized enterprises (SMEs) in the country with their financing options, according to…
#bank#bank loan#guarantees
Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…
#bank#management#Raiffeisen
Franchising is a winning formula for budding entrepreneurs looking to gain a first foothold in setting up their own business.…