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AGF plans to build 10% on profit recovery in...

Allianz group’s French insurance subsidiary AGF has set itself the target of increasing operating profitability by 10% this year after a strong profit recovery in 2003. Last year, the group came close to tripling net income which increased 185% to...

#Allianz#insurance

Banks squeezed to lend more

Bankers reacted negatively to the government's move to prod lenders to free up loans to consumers and small companies. A…

#bank#cash-flow#liquidity


Chancellor all 'enterprise' talk and no action – ACCA

Responding to the Chancellor's budget speech, the Association of Chartered Certified Accountants (ACCA) was disappointed with the ways the Chancellor…


Ex-Im Bank offers help to New England exporters to...

The Export-Import Bank of the United States (Ex-Im Bank) in cooperation with the US Department of Commerce, Small Business Administration,…

#bank#exporters#international


Surge in small business happiness

According to the latest quarterly survey by Bank of Scotland's (BoS) corporate banking arm, net optimism - the balance of…

#bank#economy#small business


Desarrollo buys 70% stake in factoring unit

Chile's Banco del Desarrollo announced that it has purchased a 70% stake in factoring company Bandesarrollo Factoring for an undisclosed…


EIB’s loans exceed 1 billion euros in 2003

The European Investment Bank (EIB), the European Union’s long-term financing arm, provided a total of Ђ1.2 billion for projects in…


EBRD delegation to sign new agreements

A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…

#bank#smes#Two


Corporate governance should be “driven by business, not regulators”,...

The CBI criticised EU proposals to impose statutory obligations for independent audit committees, saying that corporate governance should be "driven…


EIB plans key regional role for Greece

Greece will play a key role in the European Investment Bank’s (EIB) activity in the Balkans and the Mediterranean, according…


US$3 million loan for Moldova’s SMEs

Thessaloniki-based Black Sea Trade & Development Bank (BSTDB), an international organisation, has granted a three year US$3 million loan to…

#bank#international#smes


VAT rules to change on 1 May 2004

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

Foreign direct investment below expectation

The Investment Development Authority of Lebanon (IDAL) has said that in 2002 Lebanon recorded a dramatic increase in Arab Foreign…

#conference#guarantee#investment

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