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Merchant Trade Finance and Merchant Commercial Finance results

Trade finance companies Merchant Commercial Finance Limited (MCF) and Merchant Trade Finance Limited (MTF) have published their financial statements for the year to 28 February 2003. The companies specialise in purchase finance by providing Letters of Credit and direct payments...

Caisse d'Epargne begins integration of SME and operations including...

CNCE, the central bank that heads the Caisses d'Epargne network of French government-owned, not-for-profit savings banks, confirmed yesterday that it…

#bank#banks#international


US unfolds capacity-building initiative for SMEs' development

Convinced that a necessary focus on, and improved performance of, small- and medium-sized enterprises (SMEs) remains essential to Nigeria's economic…


European venture investment declines in Q3

In the third quarter of 2003, Ђ616 million were invested in 191 deals, according to the joint European venture capital…

#funding#investment#investments


Afghan private bank to finance small businesses

The First Micro Finance Bank of Afghanistan, one of the first commercial banks in the post-conflict country, will help would-be…

#bank#banks#small business


Direct foreign investments grow about 63.3%

Direct foreign investments (DFI) in Ukraine grew by 63.3% ($741.6m) in January-September, the State Statistics Committee announced. The total volume…


Fund shifts focus to medium-sized enterprises

Wiwan Tharahirunchote, president of One Asset Management, said the fund was aiming to use 50% of its funds to set…

#asset management#international#investment


Crйdit Agricole reports growth in Q3 net profits as...

Crйdit Agricole, the French mutual bank, yesterday shrugged off analyst worries about its ability to keep pace with the recovery…


Broadcastle moves towards invoice discounting

The decision by specialist bank and finance group Broadcastle to focus on business-to-business work is paying off. Moving away from…

#bank#invoice#leasing


Latvia's factoring and leasing association members’ portfolio up 10%...

According to association data, factoring portfolio of the association members as at 1 October was 33.5 million lats, down 7…


Insuring your exports against political risk

A lot of things can go wrong with export transactions in global markets. At the San Diego District Export Council…


Bank Negara allocates RM800m to help SMEs restructure debts

Bank Negara has allocated RM800 million under a Rehabilitation Fund to provide new financing for small- and medium-sized enterprises (SMEs)…

#bank#banks#commercial finance

Siam General Factoring reports loss in Q3

Siam General Factoring reported a net loss of 192.51m bt for Quarter 3, 2003, compared to a net profit of…

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