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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 2003, down from SKK131 million in the same period a year earlier, according to figures released by the firm. The...

#bank#leasing

Report claims recent late payment legislation is largely unenforceable...

An article by Graeme Forbes, head of corporate finance at Grant Thornton The business outlook for small- and medium-size enterprises…

#bank#Bank of England#invoice


US Ex-Im Bank finalising Iraq's credit insurance programme

The US Export-Import Bank's (Ex-Im Bank’s) acting chief operating officer (COO) said that his bank is finalising a credit insurance…


New name for Mediofactoring

Mediofactoring, Italy’s largest factoring company, has changed its name to Intesa Mediofactoring spa. The new style will bring more uniformity…


Commercial banks and private sector suggested amendments to the...

A joint meeting between commercial bankers and top representatives of the private sector has suggested wide-ranging amendments to the draft…


Sources of funding start to dry up

Spurned by major banks, many of Japan's small- and medium-sized enterprises (SMEs) have to depend on credit unions for financing.…


Quarter 2 company insolvency figures released

Statistics showing insolvencies in the second quarter 2003 are published today (1 August) by the Department of Trade and Industry.…


Low bank interest rates challenge demand for state SME...

The state-initiated SMEs Venture Capital Fund, managed by One Asset Management Co, is concerned about growing competition from banks as…


Lloyds TSB reports increased profits in factoring and commercial...

Lloyds TSB Group’s Wholesale Markets sector, which includes Lloyds TSB Commercial Finance and Alex Lawrie Factors, has reported a pre-tax…


Private sector banks now willing to take risk on...

The small- and medium-size enterprise (SME) sector has been regarded as typically `high risk and high delinquency' in banking circles.…


Accord Financial posts strong second quarter operating results

Accord Financial Corp, the Toronto-based provider of factoring and asset-based financial services has announced its unaudited consolidated financial results for…


SME Development Bank announces first half results

The Small and Medium Enterprise Development Bank of Thailand (SMED Bank) announced that new lending in the first six months…

#bank#guarantee#guarantees

Euler Hermes authorised to cover medium to large company...

International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…

#3M#bank#international

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