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Public Bank Bhd has posted a record net profit of just over RM1bn for the financial year ended 31 December 2003, on strong growth in loans to small- and medium-sized enterprises (SMEs) and consumers. Group profit before tax improved to...
#bank#SME loans#smes
Ireland, which for the first six months of 2004 holds the Presidency of the European Union, has pledged to address…
The Asian Development Bank (ADB) said it had signed a US$85 million export credit agreement with six Indonesian banks, including…
Muscat Finance Company (MFC), a firm involved in debt factoring, leasing and hire purchase services in Oman, has reported a…
#interest#leasing
The Singing Machine Company has announced that it has entered into a new credit agreement with Milberg Factors, Inc., New…
In order to expand its presence in the Chinese market the Euler Hermes Group has entered into a cooperation agreement…
Country risk trends Although remaining above the level reached in 2000, the world country-risk index* declined 15% in the 2003…
#debt collection#interest rates#payment behaviour
Ecuador's government has moved the goalposts in its lending policy to the country's micro and small-sized business sector, according to…
The credit insurance industry can expect pressure to show greater flexibility, according to Jerome Cazes, group managing director for French…
Things are looking up in Turkey. The Fitch Agency, which issues international credit ratings, has upgraded both Turkey's credit rating…
#bank#banks#international
Reserve Bank of India has said that banks are not fully equipped to promote small-scale enterprises and asked them to…
#bank#exports#risk
Bibby Factors based in Slough and Bristol, a specialist provider of business cashflow has announced the appointment of Bobby Lall…
Former Versailles finance director Frederick Clough bought his assistant a Saab convertible with the company's money, after she "fell in…