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The central bankers and bank supervisors charged with creating a new regime for bank capital are to meet in Madrid today to decide whether to postpone the implementation of the new rules. It is expected they will decide to delay...
Canbank Factors Ltd, a subsidiary of Canara Bank, has recorded a net profit of Rs 5.2 crore for the quarter…
#bank
Against a backdrop of an extremely difficult market with less factoring lines being out in place than in previous years,…
Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in…
#bank#conference#small businesses
The government released some P15 billion in loans to small- and medium-sized enterprises (SMEs) from January to September this year…
Businesses in the UK experiencing financial difficulties will have more chance of survival as a result of the Enterprise Act…
#cash-flow#insolvency#invoice
Leading asset-based lender, NMB-Heller, has provided a Ј5.5 million facility to assist in the acquisition of two divisions of West…
#asset-based lender#funding#invoice
The Bank of England left interest rates unchanged at 3.5 per cent on Thursday (9 October), an apparent sign it…
Britain's exports to the rest of the European Union fell to their lowest level in more than four years in…
#bank#Bank of England#exporters
A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January…
#debt collection#financial services#receivables
Russia could see a significant inflow of investments in just a few months because of the raise in its sovereign…
#Boost#investment#investments
A rebound in the consumer price index (CPI) in August has encouraged economic researchers to confidently predict that the Chinese…
#bank#Bank of China#banks
Scottish SMEs received a major funding boost yesterday with the launch of a new Ј4 million investment pot. The fund,…