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Banks' long-term credit rating improving

Things are looking up in Turkey. The Fitch Agency, which issues international credit ratings, has upgraded both Turkey's credit rating and the credit rating of 18 of its banks in long-term local and foreign currency. Fitch stated that the outlook...

#bank#banks#international

Banks not fully equipped to lend to small-scale sector...

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 appoints new operations director

Bibby Factors based in Slough and Bristol, a specialist provider of business cashflow has announced the appointment of Bobby Lall…


Versailles boss 'gave thousands to his helper'

Former Versailles finance director Frederick Clough bought his assistant a Saab convertible with the company's money, after she "fell in…


New business development managers for Bibby Factors West Midlands

Bibby Factors West Midlands, a specialist provider of business cash flow solutions, is pleased to announce the appointments of Andrew…


Higher audit threshold will not affect creditworthiness checks, says...

Experian®, the global business solutions company, has issued an assurance to banks, leasing companies and businesses that trade on credit…

#Commercial Credit#commercial lending#management


Foreign banks licenced for yuan transactions, one to start...

Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…

#bank#banks


Business failures could increase despite manufacturing recovery

Insolvencies among UK manufacturers could increase in 2004 despite positive signs of recovery in the sector, according to the latest…


Scots growth at near four-year high

Scotland’s economy is growing at the fastest rate seen in almost four years. The Royal Bank of Scotland (RBS) will…


EBRD and CEB lend 30m euros to support SMEs

CIB Bank, the Hungarian subsidiary of Italy's Banca Intesa Group, has received Ђ30m from the European Bank for Reconstruction and…

#Access to Finance#bank#European Commission


Business fears over email invoicing wide of the mark

A new European directive does not require small businesses to send and receive invoices by email, despite fears that firms…

#i#invoice#small businesses


Central bank cuts interest rates

As expected, Sweden’s central bank has reduced interest rates by 0.25 percentage points to the lowest level since the end…

#bank#inflation#interest rates

Business optimism improving, IoD survey reveals

Optimism and performance of UK companies has improved over the past three months, according to a survey released today by…

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