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Eurofactor turnover down in first six months

Eurofactor, a strategic division of the Allianz group, suffered a steep fall in commissions received in the first six months to 30 June 2003. The company posted a turnover (commissions received) of Ђ47.3m in the first six months, down 7.8%...

#3M#Allianz#interest

Independent Growth Finance expands further in the West Midlands

Independent Growth Finance (IGF) continues to grow its team in the Midlands with the appointment of Mike Bailey as regional…

#bank#IGF#insolvency


SME confidence plunges in July – Top-100 latest report

Small- and medium-size enterprise (SME) confidence was down on the month according to the latest business confidence report of research…


Banca Comerciala Romana named Best Romanian Bank 2002

The Romanian Commercial Bank (BCR) has been named "Best Romanian Bank" for 2002, by UK financial magazine Euromoney. The bank…

#bank


KL to work closely with Tokyo to boost SME...

Malaysia will work closely with Japan to develop its small- and medium- sized enterprises (SMEs), in light of the business…


Taageer Finance lease and factoring income doubles in first...

Taageer Finance Company SAOC, the youngest non-banking finance company in Oman, reported a 2.7 times jump in its net profit…

#bank#investment#leasing


Institute predicts economy will shrink this year – small...

RWI, the German economic research institute, forecasts that Germany's economy will shrink by 0.2 per cent this year, but predicts…

#economy#German economy#investments


Italian Industry Ministry to launch fund for SMEs investing...

"Promoting industrial districts on foreign markets is a way to internationalise and give new momentum to the Italian economy," said…


Credit unions – a real financing option for SMEs

While the demand from small- and medium-sized enterprises (SMEs) for credit is increasing, companies are obtaining funds from the credit…


CECIC ties up with HuaTai in export trading insurance...

China Export & Credit Insurance Co. (CECIC) and HuaTai Insurance Company of China Ltd. finalised a partnership agreement in Beijing…


UK depends on global economic upturn as British economy...

Discussing the results from the Q2 2003 Quarterly Economic Survey, the director general of the British Chambers of Commerce (BCC),…

#bank#Bank of England#Boost


New rules will attract foreign players

Following the introduction of a new law the Guatemalan banking system is to be opened to new foreign-based players said…

Credit insurance to boost non-bank factoring

According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…

#bank#Boost#insurance

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