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SMEloan to launch services in Singapore

Hong Kong-based company SMEloan is expected to launch its services in Singapore as early as next month. The firm was hailed as an alternative to traditional banks and finance houses for loans to small- and medium-sized enterprises (SMEs) because it...

#bank#banks#smes

FDA comment on FSA fines for money laundering control...

The Financial Services Authority (FSA) has fined Northern Bank Ј1.25 million for breaches of its Money Laundering Rules across its…


New MD specialised products at DBS Bank (Hong Kong)

DBS Bank, the fourth largest banking group in Hong Kong, has appointed Chong Mong Ting as managing director, Specialised Products.…

#bank#banks#DBS


Defence sector to reduce dependence on imported technology approaches...

The defence sector is aiming to indigenise its requirements by offering to buy from technologically sound, innovative and competitive small-…

#smes


GE Commercial Finance eyes up Resona’s leasing businesses

Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find…

#bank#commercial finance#management


Measures to protect tequila SMEs to be enforced from...

In a measure to support the small- and medium-sized enterprises (SMEs) in the tequila and the agave-tequila productive chain, the…

#international#regulation#smes


FDA appoints new CEO

Effective 4 August, Kate Sharp has been appointed the new chief executive officer (CEO) of the Factors & Discounters Association…


Bank lending to small firms swells

Corporate lending by local banks ballooned by 5.1 trillion won (US$4.3 billion) last month, as small- and mid-sized companies (SMEs)…

#bank#banks#smes


Fortis Commercial Finance reports pre-tax loss

Fortis Commercial Finance Limited, one of the leading debt factoring and invoice discounting companies in the UK and part of…

#bank#commercial finance#international


Greenfield Commercial Credit (Canada) Inc. announces it has acquired...

Greenfield Commercial Credit (Canada) Inc. (Greenfield Canada) announced today (6 August) that it has acquired a portfolio of seven factoring…

#acquisition#Commercial Credit#management


Joint Ingosstrakh and Malaysian Export Credit Insurance Corporation projects...

At the Russian-Malaysian business forum in Kuala Lumpur yesterday (5 August), President Vladimir Putin said that the two countries are…

#export credit insurance#forum#insurance


Hampshire Trust Factors Limited profit up 170%

Milton-Keynes-based Hampshire Trust Factors Limited have reported a pre-tax profit of Ј203,365 for the year to 30 April 2003, a…

Transamerica purchase bolsters GE Commercial Finance

General Electric added to one of its main growth engines yesterday (5 August 2003) when the US conglomerate announced a…

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