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Interest burden declines more for mid-sized companies

The effects of the steady decline in the interest rates have been sharply divergent for frontline companies (large and mid cap) in India. Large companies have benefited from the decline in interest rates over the last five years. However, the...

#economy#interest#interest rates

Many small firms unable to withstand downturn for three...

More than half of the chief executive officers (CEOs) of the country’s small and medium sized enterprises (SMEs) say they…


Serbia to host SME conference

The Serbian Ministry of Economy and Privatisation will organise the first international conference entitled Small and Medium-Sized Enterprises - New…

#bank#conference#international


Monetary Policy Council cuts mandatory reserve rate to 3.5%

The Monetary Policy Council (MPC) has cut banks' mandatory reserve level from 4.5% to 3.5%. The reduction of mandatory reserves…


ECB leaves interest rates unchanged

Outgoing European Central Bank (ECB) president Wim Duisenberg scolded Europe's governments on Thursday over their bloated budget deficits as the…


Mbeki's India visit holds promise for SMEs

Small and medium enterprises (SMEs) in India and South Africa will benefit from a preferential trade agreement expected to be…


Chancellor and Prime Minister fail to win over small...

The two main speakers at the Labour Party Conference left small business representatives reserving judgement on whether the future policy…


Dr Kбroly Martinkу announces launch of AKKORD VF receivables...

A new Hungarian receivables finance company, AKKORD VF Venture Finance, has been launched by Dr Kбroly Martinkу. Until last January…


Nafin and Bancomext to merge

The state credit organization (Nafin) and National Foreign Trade Bank (Bancomext) will merge this month in a move aimed to…

#bank#Paid#smes


Commercial lenders predict the economy will improve during first...

Commercial lenders across the nation believe the economy will continue to slowly improve during the first half of 2004, but…

#commercial finance#management#small businesses


Capital Factors allege misrepresentation of Cosmopolitan Gem Corp’s account...

Jewellery-store chain Friedman's Inc. said Thursday (2 October)the U.S. Justice Department is investigating a dispute over accounts receivable. Nearly three…

#account receivables#receivables


CIT Commercial Services acquires US factoring assets from GE...

CIT Group Inc. announced today that its Commercial Services business unit has acquired a substantial portion of the U.S. factoring…

Poland sees US$ 2.53 bn in FDI

Poland saw foreign direct investment (FDI) of US$ 2.53 bn in the first half of 2003 against US$ 3.2 bn…

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