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Factoring and leasing company chairman resigns

Mart Tooming, chairman of the board of Hansa Capital and member of the board of Hansabank (Other OTC:HNSBF), has presented a letter of resignation to Hansabank Council. Mart Tooming, head of the pan-Baltic leasing and factoring company Hansa Capital since...

Collapsed ad agency had been bought in by management...

The High Court has appointed Jim Stafford as liquidator of collapsed agency Doherty Advertising Ltd, following a petition from Independent…

#bank#cash-flow#invoice


Sinosure joins with chemical engineering group in signing their...

China National Chemical Engineering (Group) Corp. (CNCEC) and China Export and Credit Insurance Corporation (SINOSURE) held a signing ceremony in…


US signs bilateral investment understanding with acceding countries

The European Commission, eight acceding countries and the United States of America have signed a memorandum of understanding (MoU) which…


Export surge affects rebate plan

China's reform programme to cut tax rebates for exports seems to have temporarily hit an impasse, partially due to a…

#crisis#exporters#exports


EBRD and IFC plans for Banca Comerciala Romana restructuring

European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have prepared a restructuring plan for the…

#bank#financial institution#international


EBRD, IFC provide $3m for small business loans

The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) will provide Kyrgyzstan Bank $3m for small…

#3M#bank#business finance


EquiFin secures capital for growth

EquiFin, Inc, a commercial finance company which provides structured credit to small- and mid-size business enterprises (SMEs), announced yesterday (23…


Suppliers of Factory 2-U struggle to obtain credit from...

Some of Factory 2-U's suppliers are getting frayed nerves as it becomes tougher for them to obtain credit for deliveries…

#Two


SMEs get nearly US$4 billion in loans this year

A total of 1,104 small- and medium-sized enterprises (SMEs) received US$3.981 billion in loans from Mexico's National Foreign Trade Bank…

#bank#banks#guarantees


Only 15% of SME's get loans from banks

The small- and medium-sized enterprises (SMEs) only took up about 15 per cent of the total funds released to the…

#bank#guarantees#interest rates


Deloitte & Touche aids SMEs to compete in EU...

Deloitte & Touche and consultancy Adwise, together with the Czech government trade agency CzechTrade, have launched a new programme aimed…

AGF Group announces new executive committee

Jean-Franзois Debrois, managing director of AGF, has decided to retire, effective 31 March 2004, after 35 years of service in…

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