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State aid for R&D favouring SMEs exempted from requirement...

As of 1 January 2005 the new definition of small- and medium-sized enterprises (SMEs) will be integrated into the Commission regulations on training aid and on aid to SMEs. In addition, the scope of the Commission regulation that governs State...

HSBC Bank USA sells U.S. factoring assets

"HSBC's decision to exit the domestic factoring business was made as a result of our new strategic plan's emphasis on…

#bank#CIT#CIT Commercial Services


Hermes considers action to recover debt from Russian bank

Germany's Euler Hermes Kreditversicherungs (Hermes) credit insurance agency plans to sue bankrupt commercial bank Inkombank to recover past debts from…

#bank#bankruptcy#Commerzbank


UK secures higher OECD environmental standards for scrutinising capital...

More stringent environmental standards for assessing capital goods exports will come into force following a successful campaign by the UK’s…


Entrepreneurs recruit Cattles Invoice Finance

Hull-based recruitment firm, The PSR Group, has undergone a management buy-out (MBO), led by Aisling Murray and Jayne Beardshaw with…

#cash-flow#funding#invoice


Central bank to keep rates stable; pledge of greater...

The central People's Bank of China's (PBOC) monetary policy committee has opted to maintain a prudent monetary policy stance in…


Small business economic indicators rise

The National Federation of Independent Business's (NFIB) monthly index of small-business economic indicators increased by 1.3 points in November to…


A tale of overzealous central banks

An article by Desmond Lachman, a resident fellow at the American Enterprise Institute. In setting interest rates in a floating…


Shake-up for business support funds

The relationship between business and government is not easy at the best of times. But it has been particularly difficult…

#Funding Options#guarantee#MAS


Amef predicts good year for leasing companies in 2004

Mexico's financial leasing companies are in for a good year in 2004 irrespective of whether congress approves fiscal and energy…


Calpia announces name for new bank in 2004

Salvadorian finance company Calpia will start operating as a bank in January 2004 under the name Banco ProCredit, according to…

#bank#banks#World Bank


Money laundering diploma set for go

The British Bankers Association (BBA) has launched a new diploma course to recognise professional standards in money laundering prevention. The…

More opportunities for SMEs

A Salonic Stock Exchange proposal offers greater encouragement to Romanian small- and medium-sized enterprises (SMEs) through a newly signed agreement…

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