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New quality standards for SMEs to increase export potential

A new form of cooperation is emerging between small businesses in Israel, Lebanon, Syria, the Palestinian Authority, and other Mediterranean basin countries. The new initiative, scheduled to begin in 2005, is designed to help small- and medium-sized businesses (SMEs) in...

#management#small business#small businesses

Five Arrows increase turnover, profits up by 17.5%

Manchester-based Five Arrows Commercial Finance Limited have recorded a 17.5% increase in pre-tax profits for the 12 months to 31…

#commercial finance#invoice


GE Commercial Finance agrees to acquire most of Transamerica's...

GE Commercial Finance, the business-to-business financial services unit of the General Electric Company, has announced it has agreed to acquire…

#commercial finance#commercial financing#financial services


Directive on e-invoicing fails to provide harmonised solution

A little-publicised European directive, to be implemented by January 2004, on electronic invoices will not simplify pan-European trading and may…


Service sector growth picks up, strong gains in new...

July’s CIPS/Reuters survey of the UK private sector services economy signalled expansion of activity in the sector for a fourth…


Business confidence falls in all but two regions but...

Business confidence has fallen in nine of the UK's 11 regions, with the two exceptions only narrowly escaping a fall…

#bank#Bank of England#exporters


ECGC and Corp Bank in bancassurance tie-up

Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…

#bank#exports#guarantee


Asian Development Bank study the SME unsecured finance gap

The Asian Development Bank (ADB) has earmarked $25 million for loans for the Philippines’ small- and medium-size enterprises (SMEs). Merly…


Bank of China’s factoring transactions soar in first half

State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…


Survey finds British businesses still favour overdraft to fund

When it comes to funding the growth of their business, nearly three quarters (72 per cent) of British businesses turn…


30% of firms reporting financial difficulties

“SMEs (small- and medium-size enterprises) are struggling with what they call their worst financial problems since the 1997 crisis, due…


World Bank supports e-business to increase productivity of small...

The World Bank approved a US$58.4 million loan to help increase competitiveness and growth of micro and small businesses in…

First half profit of SKK8.9 million for OB Heller...

The Slovak arm of the Czech bank CSOB showed a profit of SKK122 million in the first six months of…

#bank#leasing

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