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Japan's megabanks to begin factoring Chinese receivables

In December, Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc, will begin buying Chinese receivables from Japanese companies and selling them to Chinese banks, while Sumitomo Mitsui Banking Corp, a unit of Sumitomo Mitsui Financial Group Inc, will...

#bank#banks#receivables

US$12m loan agreement with ADB for SMEs

Federal Secretary of Industries and Production, Javed Ashraf Hussain, said yesterday (7 October) that Pakistan was negotiating a US$12 million…

#ADB#Asian Development Bank#bank


Medallion granted Bank Charter approval

Medallion Financial Corp, a speciality commercial finance company with a leading position servicing the taxicab industry and small business commercial…


'Thai Town' planned to offer only quality SME goods

The community bond among Thais living in Sydney is about to be strengthened by a project to set up a…


Credit Guarantee notches up strong surplus despite a depressed...

Despite adverse conditions in the global business environment, SA's largest credit insurance and reinsurance company, Credit Guarantee, managed to produce…


CIBC adds a new VISA card to small business...

CIBC today launched a no-fee VISA card for small business that offers a host of benefits including a line of…


Banks not proactive in giving out loans to SMEs

The change in the financial institutions’ corporate culture as a result of their consolidation has left small- and medium-scale enterprises…

#bank#banks#Boost


Government will cut corporate tax rate

In a bid to lure more foreign investment, the government announced plans on Monday (6 October) to cut the corporate…


Small businesses make fewer loan applications and see more...

Small business people continue to withhold their affection from Canada's banks, according to a Canadian Federation of Independent Business (CFIB)…

#bank#banking services#banks


Central Bank leaves rates unchanged

Yesterday the monetary council of the National Bank of Hungary left the central bank base rate, which equals the key…


Foreign capital flows into China

According to a report prepared by the Turkey Construction Industrialists Employers Syndicate (INTES), the countries that attract the most FDI…

#crisis#investment#investments


EFIC signs as a Club Partner with Rugby Business...

Rugby Business Club Australia (RBCA) is the Australian Government's key initiative to maximise business opportunities from Rugby World Cup 2003.…

#exporters#international#investment

HBoS set to align organisation to SME customer base

HBOS, the Edinburgh-based bank, confirmed it was "well on track" to double its share of the UK business banking market…

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