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Reserve Bank of India ‘plays safe’ and leaves interest...

India's central bank, the Reserve Bank of India (RBI), has left interest rates unchanged at 6%, but raised its forecast for growth in the year 2003/2004 to 6.5%-7%. At 6%, interest rates are the lowest in independent India's history. And...

#bank#banks#Boost

Prevention and defence of money laundering cases in Italy

The focus of Italy's legislative efforts against money laundering has been on organised crime and the banking industry, although the…

#anti-money laundering


Sharp rise in number of small business failures

The number of small businesses going bankrupt is set to hit the highest level in a decade, the Conservative party…

#bank#Bank of England#regulation


FDA conference programme published

Detailed conference programmes and conference guidance notes have now been issued to all those who have registered for the FDA…

#conference#WHO


New name for London Scottish Bank factoring division

London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will…

#bank#factoring industry#financial services


New receivables-backed loan package for small business

The Department of Trade and Industry (DTI) has devised a new loan package that would help small- and medium-sized enterprises…


Muscat Finance grows steadily

Muscat Finance Company, the pioneer in debt factoring, leasing and hire-purchase services in the country has reported a steady growth…

#interest#leasing


Financing the Mittelstand

Though starved of bank loans, German companies are reluctant to tap alternative sources of capital More than 3,000 German companies…

#bank#Commerzbank#financial services


Leading credit insurer rebrands

EULER American Credit Indemnity (EULER ACI), North America's leading credit insurer, has announced that it will change its name to…


Economic environment for SMEs remains weak

The economic environment for small- and medium-sized enterprises (SMEs) has hit its lowest ebb in 13 months, reported the Korea…


EBRD to allocate US$10 m for agribusiness to Ukraine...

The EBRD has confirmed the participation of Kyiv-based Ukrsotsbank in a funding program for agro- traders and producers with grain…


Poland entices banks to finance EU programmes for SMEs

Poland has lured the nation's banks to finance pre-payments on EU programmes in return for a series of key legal…

#bank#banks#guarantees

Foreign investments grew to US$202 million in Q1

Foreign direct investments (FDI) in Bulgaria over the first three months of 2003 mounted to some $US 202 million, as…

#exports#investments

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