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Muscat Finance Company (MFC), a firm involved in debt factoring, leasing and hire purchase services in Oman, has reported a 10 per cent growth in net profit at RO1.77 million (US$4.61m) for 2003. The net interest income showed a 9...
#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…
Bibby Factors West Midlands, a specialist provider of business cash flow solutions, is pleased to announce the appointments of Andrew…
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
Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…
#bank#banks