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Significant corporate insolvency changes go into effect

On September 15, 2003, the corporate insolvency provisions of The Enterprise Act 2002 (the Act) come into force in England. To read details of these changes in an article from the Bryan Cave Bankruptcy, Restructuring and Creditors' Rights Practice go...

NaviTrade adds banker to enhance exporting

NaviTrade Structured Finance of Colorado, announced the addition of former Bank One International Corp. president Darin Narayana to its team…

#bank#international#receivables


Finance Credit co-founder indicted

Trond G Kristoffersen, who co-founded the collapsed Finance Credit firm, has been indicted for allegedly swindling Norwegian banks for NOK…


Bank International Indonesia to disburse US$11.8m in loans for...

Bank International Indonesia (BII) will disburse loans totalling Rp100 billion (US$11.8 million) to bolster activities in the real sector and…

#bank#banks#international


Economic growth overtakes that of US

Japan has been growing faster than the US for the first time since 1991, according to revised second-quarter gross domestic…

#bank#exports#ING


Record small business SBA lending in Western Washington

A good year at the local SBA office. Small-business funding in Western Washington totalled $286.2m in loans to 1,329 companies…


Tax changes will give businesses a boost

Tax and business-expense changes enacted earlier this year should begin to kick in before the end of the year, generating…

#Boost#Jobs#small business


Securitisation act may lose sting

Two crucial provisions in the Securitisation and Reconstruction of Financial Interest and Enforcement of Security Interest Act, enabling banks and…


CNB to require banks to create mandatory minimum reserves

The Czech National Bank's (CNB) decision to require banks to create mandatory minimum reserves as of November 6 will create…

#bank#banks


South African Reserve Bank cuts key repo rate by...

The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in…

#bank#interest rates#international


SMEs to benefit from Bimp-Eaga cooperation with EABC

It took quite a while before members of the East Asean Business Council (EABC) realized the huge potential of the…


Lloyds TSB Commercial Finance assists Simbec MBO

Lloyds TSB Commercial Finance in Swansea has helped secure a management buy-out (MBO) at pharmaceutical research company Simbec Research. Senior…

Ingram Micro expects to record charges related to Micro...

Ingram Micro Inc. expects to record a third-quarter charge of up to $20 million (approximately $13 million net of tax)…

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