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International Finance Corporation proposes small business finance for Iraq

The World Bank's private-sector financing arm will seek support for more than US$100 million worth of projects in Iraq at the conference for the war-torn country, an official said on Thursday 16 October. The International Finance Corporation (IFC) said it...

#bank#business finance#conference

Reserve Bank slashes repo rate to lowest since 1986

Prime lending rates are set to hit a 17-year low of 12 per cent after the South African Reserve Bank…


EXIM seeks to become core bank for international business

The Export-Import Bank of Korea (EXIM Bank) is seeking to become a core bank for international business, supporting the government’s…


Signs of recovery in the timber and paper sectors...

Credit solutions company, Coface UK, has warned that the printing industry shows no sign of an upturn, although the paper…


Informal talks started concerning ERM II membership

According to the governor of the Hungarian National Bank (MNB), the MNB and the European Central Bank (ECB) have started…


Factor wins case against DaimlerChrysler attempt to write off...

DaimlerChrysler, the German-US car manufacturer, has been told by the Federal Supreme Court of Germany that it will have to…


Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…

#bank#financial services#guarantees


Prudent regulations for SMEs next month

According to the State Bank of Pakistan’s (SBP) executive director, SBP Mansoor-ur-Rehman Khan, the bank will announce prudent regulations for…


SMEs should be more aware of impact of the...

Irrespective of whether the UK decides to join the single currency, the euro-zone is already a practical reality for the…


RBS Commercial Services’ bad debt protection

More and more businesses using invoice finance are protecting themselves against bad debt caused by the failure of one or…

#bank#international#invoice


US Ex-Im Bank committed to expand Trade Finance for...

Export-Import Bank of the United States (Ex-Im Bank) president and chairman Philip Merrill provided a positive assessment of Eastern Europe's…

#bank#exports#guarantees


Solicitors are the first port of call when looking...

A survey conducted on the Better Payment Practice Group (BPPG) website during September showed that solicitors are the most popular…

#interest#management#WHO

Sun starts to shine on SME manufacturing sector

The small-and medium-sized enterprise (SME) manufacturing sector recorded its highest levels of business activity and new orders since the end…

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