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Chinese central bank hints at further tightening

China's central bank said that further measures might be needed to slow credit growth after it tightened monetary policy by raising some interest rates. The central bank raised the rediscount rate at which it lends for up to 60 days...

#bank#Bank of China#banks

DTI denies accusations of insolvency own goal

The Department of Trade (DTI) has launched a detailed rebuttal of research that concluded the recent overhaul of corporate insolvency…


Low share price sought for Banca Comerciala Romana’s staff

The Privatisation Authority's (APAPS) commission conducting the privatisation process of Banca Comerciala Romana has asked its legal consultant, Nestor&Nestor, to…


Small firms' default rate rising

The lengthy economic slump has led to growing overdue small- and medium-size companies (SME) loans. According to financial sources, the…


EU unveils SME innovation package

EU ministers have unveiled a new multi-billion euro scheme to help small firms finance research programmes. The 'DETECT-it' project, unveiled…


Siam General Factoring Plc's buys expertise in merger

Siam General Factoring Plc's purchase of Global Thai Finance will bring financial expertise to the former and a backdoor listing…


Bibby Group of Factors announces new appointments

Bibby Factors, part of the Bibby Financial Services Group, has announced three appointments in the Northeast, West Midlands and Sussex…


The Royal Bank Of Scotland Commercial Services strengthens North...

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…

#bank#financial services#international


Slovenia sign deal to boost trade cooperation

Following the Joint Economic Commission (KEK) meeting in Ankara, Deputy Prime Minister Abdullatif Sener and Slovenian Economy Minister Tea Tapetrin…

#Boost#economy#investments


Bank Leumi USA appoints three experienced factors to New...

Bank Leumi USA yesterday announced the appointment of three vice presidents, Mitchell Meth, Ralph Mascia, and Mary Ellen Bianco, to…

#bank#CIT#exporters


First farm produce export credit insurance case settled

Shandong Zhucheng Foreign Trade Group Corporation (Zhucheng Foreign Trade), a leading poultry meat exporter, has received compensation of US$760,000 from…


Exchange 'slow to freeze Versailles'

London Stock Exchange regulators waited eight months before they suspended trading in shares of collapsed finance group Versailles despite being…

Job-creating firms to get big tax cut

Business start-ups that hire more than 10 employees will enjoy tax exemptions of up to 100 per cent over the…

#economy#interest rates#Jobs

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