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Kroll appoints Simon Freakley to its board of directors

Simon Freakley, president of Kroll's Corporate Advisory and Restructuring Group, has been elected to the board of directors of Kroll Inc. Jules B. Kroll, executive chairman of the board, commenting upon Simon Freakley's appointment to the board said: "Simon has...

Innovative financing sought for small scale industries sector

The Credit Guarantee Fund Trust for Small Industries (CGTSI), set up by the Government of India and the Small Industries…

#bank#interest rates#management


Free trade agreement provides niche opportunities for factors

Chile's free trade agreement (FTA) with the European Union (EU) and the imminent agreement with the US could lure international…

#banks#Boost#international


Lending to SMEs tumbles in three months to May

Kookmin Bank, Korea's largest lender, lowered this year's target growth rates for corporate loans to less than 5 per cent,…

#bank#banks#leasing


Bank Negara safeguards must be in place before banks...

Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying…


NMB-Heller supports management buy out from Securicor plc

The management of Securicor Information Systems have completed a Ј20.5m management buy-out from Securicor plc using funding provided by NMB-Heller…

#funding#information systems#management


South East Growth Fund for SMEs fully operational

Small- and medium-sized enterprises (SMEs) in the South East of England have a new source of risk capital now that…


International Factoring Association seminar announced

The International Factoring Association is to hold a one-hour teleconference seminar on Thursday, 12 June at 1pm Pacific Daylight Saving…


Fortis Group appoints Director Investor Relations and Communications Manager

Ian Roundell has been appointed Director Investor Relations at the international insurance, banking and investment group Fortis. Ian spent the…


Pound soars as BoE holds rates and European Central...

Businesses were hit by a double whammy yesterday as the Bank of England refused to cut interest rates and the…

#bank#Bank of England#exports


Telemedicine company adds credit insurance to help grow exports

In an effort to boost overseas sales, AMD Telemedicine just added another small weapon to its arsenal. The Shattuck Street…


Small Business Minister launches GBP2.5m boost for East Anglian...

A new fund to provide finance for start-up and fast-growth businesses in the East Anglia region was launched in Cambridge…

Standard & Poor’s downgrades Kookmin Bank's Outlook Rating over...

Standard & Poor's Ratings Services (S&P) announced yesterday that it had downgraded its outlook on the long-term credit rating for…

#bank#risks#smes

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