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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 be merged into one combined company, London Scottish Invoice Finance Ltd., with immediate effect. Both Sygnet and Isis were acquired...

#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


OB Heller Factoring and CSOB Leasing report Q3 results

OB Heller Factoring of the financial group CSOB achieved a turnover of Skk3,917 billion for the first nine months of…

#bank#KBC#leasing


EIB supports SME projects in Hungary, Romania and Slovenia

Representatives of European Investment Bank (EIB) approved a loan of Ђ100 million to support investment projects introduced by small- and…

#bank#innovation#investment


Restructuring plan for Banca Comerciala Romana

The European Bank for Reconstruction and Development (EBRD) board has approved the memorandum of understanding (MOU) on the joint takeover…

Planters Development Bank to release new loans to Mindanao...

The Planters Development Bank (PDB) announced on Thursday (30 October 2003) that they would be allotting P2bn (US$36m) in new…

#bank#interest rates#international

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