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Leasing finance companies set for lending boom

Mexico's financial leasing companies should issue 12bn pesos (US$1.09bn) in new loans in 2004, up 71% from an estimated 7bn pesos last year thanks to pent up demand from small- and mid-sized businesses (SMEs) eager to modernise their equipment. "If...

Fed hold rates steady, drops ‘Considerable Period’ outlook

Federal Reserve policy makers unexpectedly dropped a commitment to hold interest rates low “for a considerable period” while voting to…


Ex-Im Bank supports US aircraft export to Thai Airways

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$244 million long-term guarantee to support the export…


Think tank report asks why Revenue targets small firms

The latest quarterly report from the Tenon Forum, an independent think tank made up of leading entrepreneurs from the UK's…

#economic recovery#forum#smes


Exporters will get to hedge trade risk

The mini-Exim Policy today raised the equity base of the Export Credit Guarantee Corporation (ECGC) of India by Rs 300…

#bank#exporters#exports


Metro Cash – The cash flow stress buster

For the 4 million people running their own small business in Britain, one of the biggest causes of stress is…


Norges Bank reduces interest rates

Norway's central bank cut its key interest rate yesterday by 25 basis points to a new record low 2.0 per…

#bank#economy#inflation


Political risk costing the world economy US$800 billion

Globalisation is expensive, and is costing the world more every day. Aon Corporation's Trade Credit and Political Risk practice group…


Debt knell for Ceska Konsolidacni Agentura

Bohuslav Sobotka, the finance minister, says that the cabinet has approved the ministry’s proposal to wind up the state-owned debt-factoring…


Plant builder helps arrange SME loan packages

JCM Engineering Concept Co, a factory construction company, has set up an arrangement with banks to finance the building of…


Versailles witness admits lying to firm's banks

Fred Clough arrived at Southwark crown court yesterday to give evidence against his former Versailles boss, Carl Cushnie Fred Clough,…


Hansabankas appoints CEO of Hanza Lizingas

Andrius Urbonas, formerly the factoring director of Hanza Lizingas, a subsidiary of Hansabankas, is appointed as CEO of Hanza Lizingas.…

New appointments at Bibby Factors Northeast and Yorkshire

Bibby Factors Northeast is pleased to announce today the appointment of Terry Brown as head of sales. In his new…

#cash-flow#financial services#i

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