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Small Debt Resolution Scheme to help SMEs

Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the end of the month, Deputy Finance Minister Datuk Dr Ng Yen Yen said yesterday. The fund was set up in...

#bank#banks#conference

Insurance Company Enters US Credit Insurance Market

Building on 10 years of steady growth in North America, Coface Holding Company, N.A., a unit of Coface Group, today…


New initiative from EUROFACTOR plugs gap in market

EUROFACTOR, the business finance experts, have launched a new initiative aimed at encouraging small and young businesses to 'take control…


Coface UK launches 'at-a-glance' online company rating system

Coface UK, a branch of one of the world's leading credit solutions companies, is providing an online company rating system…

#economic recovery#insolvency#management


Former Versailles director 'drained account'

Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…

#bank#trade#WHO


The future of Thai banking

Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence…

#bank#financial services#management


SME factories see a bright future – CBI

The Confederation of British Industry (CBI) survey shows that orders are rising for the first time in three years, while…

#economic recovery#Jobs#smes


Hungary brings in 1.49 billion euros in FDI in...

Hungary attracted Ђ1.494 billion in foreign direct investment (FDI) in 2003, according to preliminary figures released by central bank (MNB).…

#bank#economy#exports


Profit of Unibanka at LVL 13.3 million in 2003

Latvijas Unibanka achieved a profit of LVL 13.309 million in 2003, down 2 per cent from 2002 when it reached…


Tax service gets tough on fake invoices

The National Tax Service is stepping up efforts to stamp out the trade in fraudulent invoices, which some traders use…

#fake invoices#trade


Hansabankas profit up 21.6 per cent

Lithuania's Hansabankas earned a net profit of LTL 61 million last year, up 21.6 per cent from LTL 50.1 million…


Euler Hermes consolidated turnover up 21.4% in 2003, factoring...

Euler Hermes’ consolidated turnover amounted to Ђ1,864.2 million in 2003, up 21.4% * on 2002 published turnover, or up 1.9%…

Banks target SME sector

The European Commission in a report last year criticised Central and Eastern European countries for the state of the small-…

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