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Central and Eastern Europe an open door for business...

Capping a decade-long drive to build market-based economies on Communism's jagged ruins, eight former Iron Curtain countries, along with Malta and Cyprus, will officially join the European Union in May, 2004, bringing the membership to 25 nations and simultaneously forging...

#exports#international#International Trade

Ex-TMB chief sets up SME financial consultancy

A veteran of nearly 30 years in financial markets and former chief of three commercial banks, Somchai Sakulsurarat is too…

#bank#financial services#management


CIT Group posts 10% earnings jump

Livingston-based commercial and consumer-finance company CIT Group Inc. posted a 10 per cent jump in third-quarter earnings, citing gains in…


SME strategy and 30bn dinars allocated for economic development

Serbian Prime Minister Zoran Zivkovic announced during a regular press conference that a strategy for the development of small- and…


Factor 21 reports profits soaring in 2003

Factor 21 plc, a privately-owned factoring company, have reported pre-tax profits for the year to 30 June 2003 of Ј191,669,…

#recourse factoring


Banks' efforts to dispose of bad assets may fail...

The banking industry's effort to dispose of its bad assets via the special purpose vehicle route is doomed to fail…


Amlin acquires renewal rights to the trade credit insurance...

Amlin plc , a leading Lloyd's insurer, has announced today that its managed Lloyd's Syndicate 2001, through its service company,…


Commission approves cooperation actions of Ђ38.8 million for Nicaragua,...

The European Commission has approved funding of Ђ38,761 million for cooperation and external aid operations in Mexico, Brazil, Nicaragua, Argentina…


Growth of SMEs crucial to Brunei's development

Small- and medium-sized enterprises (SMEs) have proven resistant and less vulnerable to the shocks of the economic and financial crisis.…

#crisis#economy#smes


More than 10,000 Sabah SMEs get loans under Micro...

A total of 10,314 applicants in Sabah have benefited from the Micro Credit Scheme in which RM24.6m had been approved…


Supervisor of Banks to restrict overdrafts in favour of...

Supervisor of Banks, Yoav Lehman, is drafting new guidelines for banks that will reduce drastically the availability of overdrafts on…

#bank#banks#interest


EU entrants may have to wait for euro

Some of the 10 nations due to join the European Union in May 2004 might lack the budgetary discipline that…

President replaces Bancomext CEO

Mexican President Vicente Fox has named Hector Reyes Retana as the new CEO of Exim bank, Banco Nacional de Comercio…

#bank#banks#Exim Bank

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