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EU Economic Affairs Commissioner fears higher rates

EU Economic Affairs Commissioner Pedro Solbes has warned that the EU's failure to take action against French and German violations of euro zone budget rules risks higher interest rates and lower growth. He was speaking to the European Parliament's economic...

#GDP#interest rates#management

Delegation to seek export opportunities in S. Korea

A delegation of Thai small businesses will visit South Korea early next year to explore export opportunities, according to Vivat…

#conference#investment#management


ABN Amro opens trade finance portal to Indian businesses

The Dutch bank is extending its 'Channel Finance' service to small- and medium-sized Indian businesses. This provides clients with greater…

#ABN AMRO#bank#international


Access to finance for SMEs – European Commission

Europe's small businesses need more efficient pan-European financial markets, more equity investment, and a sharper public policy focus on early-…

#Access to Finance#European Commission#small businesses


China Central Bank chief urges steady interest rate reform

The governor of the People's Bank of China, Zhou Xiaochuan, said interest rate ranges for loans should be expanded to…


Electronic signatures gain legal status

Electronic signatures will carry the same legal weight as written ones, when a new law comes into force in 2005.…

#digital#e-commerce#security


Parliament approves corporate tax reduction

The Portuguese parliament has approved the government’s Budget Bill for 2004 that slashes corporate taxes amid growing economic instability. The…

#Boost#exports#GDP


Consumers keep SMEs buoyant in slump – but big...

Small- and medium-sized enterprises (SMEs) have come through three years of global investment slump relatively unscathed, closing the profitability gap…

#bank#cash-flow#economic outlook


Poll shows environment worsening for SMEs; access to bank...

The Czech business environment is increasingly confusing, corruption among government clerks is growing and the work of the courts is…

#bank#banks#guarantees


National Bank raises base rate by 3%

The National Bank of Hungary (MNB) raised the base rate, which is equal to the key two-week depo rate, by…


Public sector banks finalise new PLR formula

Public sector banks have finalised the formula for arriving at the new benchmark prime lending rate (PLR) as prescribed by…

#bank#banks#risk


Banks and government hammering out cooperation on EU project...

Government representatives announced last week that intense negotiations were under way with all the major Czech banks to provide low-cost…

#banks#Clear#funding

Leasing activities boost leading bank’s nine-month bottom lines

Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released…

#bank#banks#Boost

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