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Canbank Factors investment opportunity

The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank Factors offers cumulative and non-cumulative schemes. The latter is available in monthly, quarterly and half-yearly options. Under the scheme, deposits...

SMEs and consumers help likely bank loan growth by...

Bank loans may grow by about 6 per cent this year, the strongest yet six years after the regional financial…


CEO says Desarrollo to up loans 7% this year,...

Chilean bank Banco del Desarrollo is planning to up its total loan portfolio 7% this year. The bank will see…

#bank#commercial lending#Credit Agricole


Poor jobs news and weak economic growth hopes balanced...

The feeble job growth in the government's February employment report surprised economists and made the markets shudder, but the prospect…

#exporters#interest rates#management


President of factoring company seeks reversal of court order...

The president of MX Factors, the Riverside-based firm accused of operating a Ponzi scheme, is seeking to overturn the court…


SME's funding vehicle speeds on for Welsh businesses

A flagship funding programme aimed at supporting the expansion of small and medium-sized enterprises has been given the green light…

#AIG#funding#i


EU unveils start-up commitments

The European Commission (EC) has published its blueprint for the future of enterprise in Europe. The Enterprise Action Plan describes…

#Access to Finance#Boost#European Commission


EBRD to provide US$15m to develop leasing schemes in...

The European Bank for Reconstruction and Development (EBRD) will put US$15 million into a project to develop the leasing of…


Exports by SMEs rise for 5th year

Small- and medium-sized enterprises (SMEs) and venture start-ups are increasingly contributing to South Korea's exports. Venture start-ups' exports grew 23.8…


AGF's Euler Hermes net profit triples to meet target

Assurances Generale de France's credit insurance unit Euler Hermes said net profit in the full year 2003 nearly tripled to…

#Allianz#insurance#reinsurance


'RBS and NatWest stalked' Versailles

The disgraced former finance director of collapsed trade finance house Versailles claimed at Southwark Crown Court that the Royal Bank…


Coface announces markedly improved results for 2003

The Coface Board of Directors, which met on 2 March, has approved the 2003 financial statements. Consolidated turnover up 11.5%…

Factoring in Pisces

A newly named star appears in the night sky with the name ‘Factoring’, according to Mikhail Treyvish, chairman of the…

#factoring industry

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