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Bank of Israel governor David Klein announced a 0.4 percent cut in the interest rates on 30 December, as was widely expected. This was the 10th time in 2003 that the governor has lowered rates, and the decision brings the...
#bank#interest#interest rate
As of 1 January 2005 the new definition of small- and medium-sized enterprises (SMEs) will be integrated into the Commission…
"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
Germany's Euler Hermes Kreditversicherungs (Hermes) credit insurance agency plans to sue bankrupt commercial bank Inkombank to recover past debts from…
#bank#bankruptcy#Commerzbank
More stringent environmental standards for assessing capital goods exports will come into force following a successful campaign by the UK’s…
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
The central People's Bank of China's (PBOC) monetary policy committee has opted to maintain a prudent monetary policy stance in…
The National Federation of Independent Business's (NFIB) monthly index of small-business economic indicators increased by 1.3 points in November to…
An article by Desmond Lachman, a resident fellow at the American Enterprise Institute. In setting interest rates in a floating…
The relationship between business and government is not easy at the best of times. But it has been particularly difficult…
#Funding Options#guarantee#MAS
Mexico's financial leasing companies are in for a good year in 2004 irrespective of whether congress approves fiscal and energy…
Salvadorian finance company Calpia will start operating as a bank in January 2004 under the name Banco ProCredit, according to…
#bank#banks#World Bank
The British Bankers Association (BBA) has launched a new diploma course to recognise professional standards in money laundering prevention. The…